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HOUSING ALLOWANCE WORKSHEET I (For ministers living in a manse)Section A HOUSING ALLOWANCE EXPENSESESTIMATED AMOUNTUtilities (gas, electricity, water, trash, phone, cable, internet).....................$
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01
To fill out housing allowance worksheet i, follow these steps:
02
Start by entering your personal information, such as your name, address, and Social Security number.
03
Next, provide information about your housing expenses, including your monthly rent or mortgage payment.
04
Determine the total number of rooms in your house or apartment and enter this information.
05
Calculate the percentage of your home that is used for housing allowance purposes. This is typically based on the size of the rooms used for ministry activities.
06
Multiply the percentage calculated in step 4 by your monthly housing expenses to calculate your housing allowance amount.
07
Finally, fill in any additional relevant information and review the worksheet for accuracy before submitting it.

Who needs housing allowance worksheet i?

01
Housing allowance worksheet i is typically needed by individuals who are employed as ministers, pastors, or members of the clergy.
02
This worksheet helps them calculate the amount of housing allowance they are eligible for, which can have tax benefits.
03
It is important for those in religious vocations who receive a housing allowance to accurately complete this worksheet to ensure compliance with tax laws.
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