Why is it important to know what qualified ministerial services are?Mark is an ordained minister. His church provides him a housing allowance, all of which Mark spends to rent his home and pay his utilities. Mark can exclude:

The housing allowance from net earnings for income tax purposes.

The housing allowance from net earnings for self$-$employment tax purposes.

The housing allowance from net earnings for all tax purposes.

The portion of the allowance spent on rent from net earnings for self$-$employment tax purposes.

The wages of clergy members who perform qualified services are not included in gross income.

Earnings from qualified services are subject to self$-$employment tax, unless the clergy member has an exemption.

Earnings from qualified services are automatically exempt from self$-$employment tax.

Clergy members who perform qualified services pay social security and medicare taxes under FICA