Discussion:Clergy and earned income credit

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Taxestaxes (Talk | contribs)
(Only self-employ)
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Taxwizard (Talk | contribs)
(Jas, the answer)
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{{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
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 +{{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

Jasito96 (talk|edits) said:

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

Taxwizard (talk|edits) said:

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.
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