Clergy Tax Deductions Worksheet

Interest real property taxes utilities etc. Clergy business expenses continued equipment purchased musical instruments office equipment office furniture professional library etc.

Minister S Tax Guide

Alternatively some may live in a parsonage owned by the church.

Clergy tax deductions worksheet. Item purchased date purchased cost including sales tax item traded additional cash paid business use other information 1099s. Clergy tax worksheet parsonage allowance. Or less than 10000 if married filing sepa rately.

Top 7 minister tax deductions. Less than 73000 if single or head of household. View our collection of clergy tax and church payroll resources including worksheets for charitable donations expense reporting mileage logs and more.

You may be able to take an ira deduction for your contributions if you were covered by a re tirement plan at work and your modified agi is. Less than 121000 if married filing jointly or qualifying widower. Many members of the clergy are paid a cash housing allowance which they use to pay the expenses related to their homes eg.

Work related transportation such as hospital and nursing home visits is a major business expense for both the minister employee and self employedthe most important thing to remember with this expense is to faithfully document every trip. Neither a cash allowance to the extent it is used to pay for home. Amounts of 60000 or more paid to individuals not.

Clergy tax deductions and credits clergy if you are a member of the clergy you should receive a form w 2 wage and tax statement from your employer reporting your salary and any housing allowance.

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