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Housing Allowance Worksheet Iii Form

Housing Allowance Worksheet Iii Form

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Instructions and help about Housing Allowance Worksheet Iii

can I ask you a question do you know all the ins and outs of the housing allowance for pastors if not don't worry you're not alone many people don't fully understand this tax benefit for ministers and clergy but for those who do it can make an enormous difference financially The Minister's compensation and housing allowance as the IRS calls it is referred to as the parsonage allowance or rental allowance whether you're a pastor or a minister that qualifies for the benefit or you work in the realm of church finance and Human Resources it is essential to know how this policy affects full-time pastors and clergy before I go any further though I want to encourage you to consult a professional accountant or a lawyer for questions related to your personal situation you want to be sure to verify all these details of the tax law in your state as well so let's dive into the details [Music] let's lay out the definition of the housing allowance and clarify who can take advantage of it ing to the

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