Clergy Question 51 of 75 What additional tax return preparation is needed if cle

Question

Clergy Question 51 of 75 What additional tax return preparation is needed if clergy receive a housing allowance as part of their compensation and have unreimbursed employee ministerial expenses? O The Clergy Member Income Statement must be completed to allocate expenses between Schedule C and Form 2108. The expenses must be allocated to selfemployment income and deducted on Schedule C. O Expenses allocable to excluded income must be figured to determine the nondeductible amount. 0 The expenses must be allocated between gross income and self-employment income to determine the deductible amount. Mark for follow up Question 52 of 75. Generally, which group of taxpayers with earnings from qualified services are automatically exempt from self-employm tax? O Clergy O Ministers. O Christian Science Practitioners. Members of a religious order who have taken a vow of poverty

Explanation / Answer

51.

Ans. C Expenses allocable to excluded income must be figured to determine the nondeductible amount.  

52.

Ans: D.Members of a religious order who have taken a vow of poverty

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