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A minister who receives a housing allowance may exclude the allowance from gross income to the extent it is used to pay expenses in providing a home. Generally, those expenses include rent, mortgage interest, utilities, repairs, and other expenses directly relating to providing a home. The amount excluded cannot be more than the reasonable compensation for the minister’s services.
If you own your home, you may still claim deductions for mortgage interest and real property taxes. If your housing allowance exceeds the lesser of your reasonable compensation, the fair rental value of the home, or your actual expenses, you must include the amount of the excess in income.
The minister’s employing organization must officially designate the allowance as a housing allowance before paying it to the minister.
Learn More⇒IRS Tax Topic 417
Housing Allowance for Clergy
IRS Publication See Page 9 – Exclusion for Parsonage
517 Social Security for Clergy