Does a housing allowance provide any benefit for a minister living in church-owned housing?
A minister living in church-owned housing should have a portion of his salary designated as housing allowance. In this situation, the allowance may be a modest amount to cover incidental expenses such as maintenance, furnishings and utilities. For the minister without a housing allowance, every dollar of compensation is taxable for federal income tax purposes.
Related Questions
- I have been told that my application for Attendance Allowance / Disability Living Allowance has been successful - how will this affect my benefit entitlement?
- Can you get housing benefit being on income support and living with close relative who pays the mortgage?
- Does a housing allowance provide any benefit for a minister living in church provided housing?
