Christian Posted April 7 Report Share Posted April 7 I am adding clergy related business expenses and am in Line 2 (Schedule SE(1040)-Net Business Profit or (Loss) Worksheet. I am down to line 11 and need two more lines for items but see no toggle to add the additional lines. Does anyone have a solutional ? Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted April 7 Report Share Posted April 7 So no Schedule C, I guess. My most recent clergy has no outside income either. I suggest you group as logically as you can. It seems odd to need many more lines outside of parsonage expenses. 1 Quote Link to comment Share on other sites More sharing options...
Christian Posted April 7 Author Report Share Posted April 7 Yeah I had to sorta clump them last year. Imagine a company like WK being unable to provide a simple add line toggle on a darn form ! Quote Link to comment Share on other sites More sharing options...
mcb39 Posted April 8 Report Share Posted April 8 I have a Schedule C Clergy who needs a lot of lines, but let's not go there tonight. He has been my biggest thorn for 25 years, but how do you fire a Priest who calls you "his angel"? 1 Quote Link to comment Share on other sites More sharing options...
DANRVAN Posted April 8 Report Share Posted April 8 3 hours ago, Christian said: I am down to line 11 and need two more lines Since it is just a "worksheet" you don't need to itemize anything. Just put in the total expense and move on. 2 Quote Link to comment Share on other sites More sharing options...
Christian Posted April 8 Author Report Share Posted April 8 This minister receives a small W-2 and a housing allowance. So no Schedule C hence my line problem. Like not a few she continues to try and expand the list of ministerial connected expenses creatively. Quote Link to comment Share on other sites More sharing options...
Christian Posted April 8 Author Report Share Posted April 8 If I reported a single figure I fear it may increase the possibility of getting increased IRS scrutiny. 1 Quote Link to comment Share on other sites More sharing options...
DANRVAN Posted April 8 Report Share Posted April 8 5 minutes ago, Christian said: If I reported a single figure I fear it may increase the possibility of getting increased IRS scrutiny. The purpose of the worksheet is to help you determine the net amount on line 2, it is not part of the tax return. The IRS is not watching for an itemized list. As far as that goes, you can just over ride line 2 of schedule SE. 2 Quote Link to comment Share on other sites More sharing options...
Christian Posted April 8 Author Report Share Posted April 8 Thanks for the input. Quote Link to comment Share on other sites More sharing options...
gfizer Posted April 9 Report Share Posted April 9 Are you using the clergy worksheets provided in ATX? I believe it's worksheet 3 that calculates the SE subject amount (salary, Sch C profit and housing allowance less expenses). I usually right click on the business expense line and create an itemized list there. Then everything from that worksheet flows directly to the Sch SE. 1 Quote Link to comment Share on other sites More sharing options...
Christian Posted April 10 Author Report Share Posted April 10 I will need to check this out as I have not used this feature. Many thanks. 1 Quote Link to comment Share on other sites More sharing options...
Margaret CPA in OH Posted April 10 Report Share Posted April 10 The clergy worksheets are very good to use and reliable, at least they have been for me. However, I do not see how to use the link described by gfizer when no Schedule C exists. I have had clergy with and without Sch C income. When no Sch C exists, I don't understand how it would be appropriate to list expenses there. I have used the listing on SE as discussed. Always ready to learn more! 2 Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.