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I understand that the total allowance permitted cannot exceed the least of the following three provisions: 1. The fair market rental value of a furnished home;Read more
If you were a member of the clergy, subtract (a) the rental value of a home or the nontaxable portion of an allowance for a home furnished to you (includingRead more
Sep 30, 2025 A ministers housing allowance (sometimes called a parsonage allowance or a rental allowance) is excludable from gross income for income tax purposes.Read more