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Pastor Malachi 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

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Pastor Malachi 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 would you calculate the deductible amount of unreimbursed expenses? Subtract the self-employment expenses from self-employment earnings the difference is the amount of deductible expense Divide wage-related expenses by the excluded parsonage allowance That percentage times the self-employment expenses gives the amount of expense to be deducted. Add all unreimbursed expenses together wage-related and self-employment) Divide the self-employment expenses by that total to get a percentage Take that percentage times the self-employment expenses to get the amount NOT able to be deducted Divide the excluded personage alowance by total income Take that percentage times the self-employment expenses to calculate the amount of expenses NOT able to be deducted Ver

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