Question
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
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 weddings performed as self employed.
What is Pastor Malachi's deductible amount of unreimbursed expenses?
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South-Western Federal Taxation 2018 Comprehensive
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
41st Edition
1337386006, 978-1337386005
