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Father Sheets received $55,000 in ministerial earnings$38,500 salary for ministerial services, $2,750 for performing weddings, and $13,750 excluded parsonage allowance. He incurred $7,000 of unreimbursed
Father Sheets received $55,000 in ministerial earnings$38,500 salary for ministerial services, $2,750 for performing weddings, and $13,750 excluded parsonage allowance. He incurred $7,000 of unreimbursed expenses connected with his ministerial earnings$5,500 related to his ministerial salary and $1,500 related to the weddings performed as self-employed. How much of these expenses will be deductible when figuring net income for income tax after allocation to the excluded parsonage allowance?
$375
$1,125
$1,500
$9,500
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