United Methodist Church, ______________________



FORMTEXT ?????United Methodist Church FORMTEXT ?????Charge Conference/Church Council Date: FORMTEXT ?????Rev./Pastor: FORMTEXT ?????DESIGNATION OF HOUSING EXCLUSION:(When a church provides a parsonage.)Whereas Section 107 of the Internal Revenue Service Code (1986) permits an ordained minister of the gospel to exclude from gross income “the rental value of a home furnished as part of compensation or the rental allowance paid as part of compensation, to the extent used to rent or provide a home”, andWhereas Rev./Pastor FORMTEXT ???is compensated by the FORMTEXT ?????United Methodist Church exclusively for services as a ministerof the gospel; and;Whereas the FORMTEXT ?????U.M. Church owns the parsonage, Therefore it is hereby resolved that of the total compensation paid to:Rev./Pastor FORMTEXT ?????for calendar year FORMTEXT ?????,$ FORMTEXT ?????is here bydesignated as the housing exclusion pursuant to Section 107 of the Internal RevenueService Code. The minister shall also have the rent-free use of the home located at: FORMTEXT ?????for the year FORMTEXT ?????and for every year thereafter as long as he/she is minister of the FORMTEXT ?????United Methodist Church.DESIGNATION OF HOUSING ALLOWANCE (When the Church Does Not own a Parsonage)Whereas Section 107 of the Internal Revenue Service Code (1986) permits an ordained minister of the gospel to exclude from gross income “the rental value of a home furnished as part of compensation or the rental allowance paid as part of compensation, to the extent used to rent or provide a home”; andWhereas Rev./Pastor FORMTEXT ?????is compensated by the FORMTEXT ?????United Methodist Church exclusively for services as a minister of the gospel and;Whereas the FORMTEXT ?????United Methodist Church does not provide Rev./Pastor FORMTEXT ?????with a parsonage;Therefore it is hereby resolved, that of the total compensation paid to Rev./Pastor FORMTEXT ?????for calendar year FORMTEXT ?????,$ FORMTEXT ?????is hereby designated as the housing allowance pursuant to Section 107 of the Internal Revenue Service Code; and it is further resolved, that the designation of $ FORMTEXT ????? FORMTEXT ????? as a housing allowance shall apply to calendar year FORMTEXT ????? and all future years unless otherwise provided for.HOUSING EXCLUSION(When the church provides a parsonage)The IRS has specifically excluded the following from the costs “to provide a home”the cost of foodthe cost for domestic help (this probably excludes clothing as well)“To provide a home”, i.e. dwelling place and related structures (e.g. garage, etc.)Insurance: tenant’s/renter’s insurance – fire, theft, accident liabilityRepairs & maintenance not paid by the church: to the home, appliances, lawn equipment, TV; light bulbs, cleaning supplies like brooms, cleanersFurniture and appliances (TV, computers, etc.)Decorating accessories not paid by the church: linens, carpets, drapes, pictures & paintings, lamps, etc.Utilities not paid by the church: garbage removal, cable TV, telephoneMiscellaneous not paid by the church: lawn care, tools, plants, snow removalHOUSING EXCLUSION WORKSHEETMinister’s Estimate of ExpensesItem:Amount:Insurance (tenants’/renters’ on contents)$ _____________Repairs & maintenance (not paid by church)$ _____________Furnishings$ _____________Decorating accessories$ _____________Utilities (not provided by church)$ _____________Other housing expenses$ _____________Total$ _____________HOUSING ALLOWANCE(When the church does not own a parsonage.)The IRS has specifically excluded the following from the costs “to provide a home”the cost of foodthe cost for domestic help (this probably excludes clothing as well).“To provide a home”, i.e. dwelling place and related structures (e.g. garage etc.)-Rent of home/apartment-Down payment & Mortgage installment payments on home + related expenses such as commissions, attorney’s fees, escrow fees, etc. -Mortgage interest, real estate taxes, special assessments: e.g. for street, sewers, etc.-Insurance: tenant’s or homeowners – fire, theft, accident liability -Repairs & Maintenance: to the home, appliances, lawn equipment, TV, light bulbs,cleaning supplies like brooms, cleaners-Furniture and appliances (TV, computers, etc.)- Decorating Accessories: linens, carpets, drapes, pictures & paintings, lamps, etc.-Utilities: garbage removal, sewage, cable TV, gas water, electricity, telephone-Miscellaneous: lawn care, tools, plants, snow removal HOUSING ALLOWANCE WORKSHEETMinister’s Estimate of ExpensesItem:Amount:Rent of home/apartment$ _____________Purchase expenses and Mortgage payments$ _____________Mortgage interest, taxes, etc.$ _____________Insurance: tenants’/renters’ or homeowners$ _____________Repairs & maintenance$ _____________Furnishings$ _____________Decorating accessories$ _____________Utilities $ _____________Other housing expenses$ _____________Total$ ___________ ................
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