Where do I place my housing allowance deduction on my IRS form as it is included in my salary?
1Comments
Which IRS Form?
VVickey
Not sure which IRS form you are referring to?
A quarterly 941 form to report wages?
A Housing Allowance is NOT Reported ANYWHERE on an IRS Form 941. It is considered nontaxable compensation...
BUT
it is taxable on a social security level...unless you have opted out...
so if you are referring to your personal federal income tax form, the qualifying housing allowance amount is reported on a Schedule SE.
If you are referring to another IRS form, please comment on this post and let us know =)
A quarterly 941 form to report wages?
A Housing Allowance is NOT Reported ANYWHERE on an IRS Form 941. It is considered nontaxable compensation...
BUT
it is taxable on a social security level...unless you have opted out...
so if you are referring to your personal federal income tax form, the qualifying housing allowance amount is reported on a Schedule SE.
If you are referring to another IRS form, please comment on this post and let us know =)