Jump to content
ATX Community

Dual status pastor—How to report 401-K deduction on W-2 and Sch SE


artp

Recommended Posts

 

Dual status pastor has 401-K salary deduction. His W-2 show wages in box 1 and nothing in boxes 2-6 since is subject to SE tax. Normally, box 1 amount would be gross wages less the 401-K deduction shown in box 12 with code D. In Drake software box 1 wages flow to clergy worksheet which only provides adjustment for housing allowance and FRV to yield taxable wages for SE. Where do you make the add back for the 401-K salary reduction? 

Art
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...