Discussion:Clergy and earned income credit
From TaxAlmanac, A Free Online Resource for Tax Professionals
Note: You are using this website at your own risk, subject to our Disclaimer and Website Use and Contribution Terms.
From TaxAlmanac
(Difference between revisions)
| Revision as of 23:44, 1 April 2008 Taxestaxes (Talk | contribs) (Only self-employ) ← Previous diff |
Revision as of 03:53, 2 April 2008 Taxwizard (Talk | contribs) (Jas, the answer) Next diff → |
||
| Line 6: | Line 6: | ||
| {{ForumReplyPost|UserID=Taxestaxes|Date=1 April 2008|Text=Only self-employment earnings and taxable wages need be included in the calculation. see pub 596 | {{ForumReplyPost|UserID=Taxestaxes|Date=1 April 2008|Text=Only self-employment earnings and taxable wages need be included in the calculation. see pub 596 | ||
| }} | }} | ||
| + | |||
| + | {{ForumReplyPost|UserID=Taxwizard|Date=2 April 2008|Text=Jas, the answer is yes. The housing allowance will not qualify, but his taxable wages shown in box 1 of his w-2 will qualify.}} | ||
Revision as of 03:53, 2 April 2008
Discussion Forum Index --> Advanced Tax Questions --> Clergy and earned income credit
Discussion Forum Index --> Tax Questions --> Clergy and earned income credit
| 1 April 2008 | |
| I have a client that has filed the form 4136 to be exempt from SE taxes. Does clergy income not subject to SE taxes qualify as earned income for the EIC? | |
Taxestaxes (talk|edits) said: | 1 April 2008 |
| Only self-employment earnings and taxable wages need be included in the calculation. see pub 596 | |
| 2 April 2008 | |
| Jas, the answer is yes. The housing allowance will not qualify, but his taxable wages shown in box 1 of his w-2 will qualify. | |


