Did You Know You Can Exclude Your Housing Allowance from Your Federal Taxable Income?
Are you an ordained minister that owns or rents your home? Good news, things like mortgage or rent payments, taxes, home repairs, insurance, furnishings and utilities can be used to reduce your federal taxable income.
The Housing Allowance is Complex. We Can Help You Make Sense of It AllSee Information on the Housing Allowance
Retired Clergy? You May Qualify for the Housing Allowance
Did you know your housing allowance doesn’t have to end when you retire? With MMBB’s retirement plan, your annuity payments and distributions may be eligible for the housing allowance.