Discussion:Clergy SE Tax on Elective 403(b) deferral?

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Revision as of 03:42, 12 March 2009

Discussion Forum Index --> Advanced Tax Questions --> Clergy SE Tax on Elective 403(b) deferral?
Discussion Forum Index --> Tax Questions --> Clergy SE Tax on Elective 403(b) deferral?

Jdugancpa (talk|edits) said:

12 March 2009
Unless there is something I have missed in the W-2 worksheet, Pro Series is not adding my 403(b) deferral into SE income for the calculation of SE tax for my minister-client. Does this make sense? If it were a non-clergy W-2, the SS/MC wages would be higher by the amount of the deferral. Therefore it makes sense to me that the deferral should be added in when calculating SE tax. I've added that amount onto the SE Adjustments Worksheet to pick it up. Does this make sense?