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• The minister should keep records and receipts of allowable housing expenses they incur throughout the year.
• The minister should track how much parsonage allowance they have received compared to the actual allowable housing expenses they have incurred.
• The minister should update their Parsonage Request Form to increase or decrease the amount of parsonage they're receiving when their year-to-date allowable housing costs are significantly different than the parsonage amount they have been receiving.
• When filing their taxes, any excess parsonage allowance paid to the employee, should be shown as income on Form 1040 (see the Zondervan Minister's Tax Guide Guide provided by our ministry partner Guidestone: https://www.fcmmbenefitsguidestone.org/updates/ministers-tax-and-financial-guide-2023-2022-returns for guide for additional details of this process). 

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