Question
the reverend moran received a salary of $42,000 in 2018 as a full-time minister. On january 1, 2019, his church designated $12,000 of his 2018
the reverend moran received a salary of $42,000 in 2018 as a full-time minister. On january 1, 2019, his church designated $12,000 of his 2018 salary as a parsonage allowance. How much of Rev. Moran's 2018 salary is included in gross income for income tax?
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Accounting for Governmental and Nonprofit Entities
Authors: Earl R. Wilson, Jacqueline L Reck, Susan C Kattelus
16th Edition
78110939, 978-0078110931
