Enter unused housing allowance income
Per IRS Publication 517, when housing allowances aren't included on Form W-2, Box 1, and amounts received equal greater than actual costs, report the excess on Form 1040, line 1.
Follow these steps to enter unused housing allowance income.
- If reported on Form W-2, enter the total housing allowance received in theW2screen,Box 14.
- If not reported on Form W-2, enter the total in the Parsonage or Allowance Housing Information section of theClergyscreen in the Taxes folder.
- Amounts entered in theFair rental value of parsonage provided by churchfield transfer to Clergy Worksheet 1, line 3a.
- Amounts entered in theParsonage allowance (Force)field transfer to Clergy Worksheet 1, line 4a.
- The excess housing allowance calculates on Clergy Worksheet 1, line 4i.
- The excess utilities allowance calculates on Clergy Worksheet 1, line 3e.
- Excess allowance transfers to Form 1040, line 1.
