Which of the following correctly completes the sentence regarding the tax treatment of a housing allowance received by an ordained minister? The housing allowance is ____________ income for federal income tax purposes and ____________ income for self-employment tax purposes. Included in; included in. Included in; excluded from. Excluded from; included in. Excluded from; excluded from.

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter12: Tax Credits And Payments
Section: Chapter Questions
Problem 1BCRQ
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Which of the following correctly completes the sentence regarding the tax treatment of a housing
allowance received by an ordained minister? The housing allowance is ______ income for
federal income tax purposes and ___________ income for self-employment tax purposes. Included in;
included in. Included in; excluded from. Excluded from; included in. Excluded from; excluded
from.
Transcribed Image Text:Which of the following correctly completes the sentence regarding the tax treatment of a housing allowance received by an ordained minister? The housing allowance is ______ income for federal income tax purposes and ___________ income for self-employment tax purposes. Included in; included in. Included in; excluded from. Excluded from; included in. Excluded from; excluded from.
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