Housing excluded from income on basis it is provided for convenience of employer

There is a narrow option for excluding the value of ministry provided housing from an employee’s taxable income. I’m not going to go into details because there are enough twists and turns that anything said could be misinterpreted as giving specific advice.

Fortunately, I don’t have to explain this. Corey Pfaffe, CPA, has already done so.

If this is of interest to you, check out his post:

The end of his article gives a path for research if you need to pursue this further.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: