How to Enter The Ministerial Housing Allowance on The Statement of Clergy Income Form
The Ministerial Housing Allowance
A minister who receives a housing allowance may exclude the allowance from the gross income to the extent it is used to pay expenses in providing a home. Generally, those expenses include rent, mortgage interest, utilities, repairs, and other expenses directly relating to providing a home. The amount excluded cannot be more than the reasonable pay for the minister’s services.
The minister’s employing organization must officially designate the allowance as a housing allowance before paying it to the minister.
Steps to enter the housing allowance for a minister
1. Click Add Form on the tax return toolbar, and then enter "MINISTER" on the Federal Tab.
2. Double click the Statement of Clergy Income form.
3. Complete Part 1.