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CLERGY/PASTOR HOUSING ALLOWANCE FAQ’s
www.accupay.comadvantage of all federal tax savings. (Do keep in mind that designated housing allowance not used for household expenses becomes taxable. So, adding an excessive “cushion” may not be adviseable.) ChurchPay Pros’ Housing Allowance Worksheet, is an excellent starting point for determining housing allowance amounts. The worksheet is available at
CLERGY HOUSING ALLOWANCE WORKSHEET
iksynod.orgTotal officially designated housing allowance: $0 (2) METHOD 3: Fair rental value of house, furnishings & utilities: It's suggested that you validate this number by checking with a local realtor.