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February 24, 2025
Question

Trying to enter parsonage fair value but i do not see a way to add it without incurring income tax. It should only be incurring Medicare and social security tax. Help

  • February 24, 2025
  • 1 reply
  • 0 views
tried adding to schedule SE but not sure how to do it.

    1 reply

    RachelW33
    February 25, 2025

    You are correct, your parsonage should only be subject to Social Security and Medicare tax, and not Federal tax.

     

    Based on the version of TurboTax that you are using, follow the instructions included in this TurboTax Help Article: How do I enter a parsonage or housing allowance reported on a W-2?

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