14 Dec FAQ: Can I Use Nursing House Bills for the Housing Allowance?
For clergy who’re dwelling completely in a nursing dwelling, they’ll use some (however not all) of their nursing dwelling bills for the housing allowance. For instance, the rental value of their room and the utilities are eligible for the housing allowance. The meals and medical care are usually not eligible for the housing allowance. Not each nursing dwelling supplies the breakdown of the invoice upfront, so you might have to ask the administrator or accounting division of the power to offer an itemized record of the month-to-month bills. Your tax preparer will use this to find out what’s deductible.
Clergy who dwell solely briefly in a nursing dwelling proceed to make use of bills from their principal residence for the housing allowance, not the nursing dwelling. Additionally, if the housing allowance is utilized towards everlasting nursing dwelling prices, it can’t apply for a separate dwelling the place the partner lives.
Long run care insurance coverage premiums and medical care prices will be claimed on Schedule A (assuming that they exceed the brink set by tax regulation).
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