kara is ordained minister and church provides her housing allowance which she spends to rent her home and pay utilities Kara can exclude 1. housing allowance from net income for income tax 2. housing allowance from net earnings for Self-employment 3. portion of the allowance spent on utilities from net earnings for self employment 4. housing allowance from bet esrnings for all tax

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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kara is ordained minister and church provides her housing allowance which she spends to rent her home and pay utilities Kara can exclude 1. housing allowance from net income for income tax 2. housing allowance from net earnings for Self-employment 3. portion of the allowance spent on utilities from net earnings for self employment 4. housing allowance from bet esrnings for all tax 

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