Ministerial Income Worksheet Page 3
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1
2
3Worksheet 4. Figuring Net Self-Employment Income for Schedule SE (Form 1040)
1
W-2 salary as a minister (from box 1 of Form W-2)
1
2
Net profit from Schedule C, line 31, or Schedule C-EZ, line 3
2
3a
Parsonage allowance (from Worksheet 1, line 3a or 4a)
3a
b
Utility allowance (from Worksheet 1, line 3b or 4b)
3b
c
Total allowance (add lines 3a and 3b)
3c
4
Add lines 1, 2, and 3c
4
Schedule C or C-EZ expenses allocable to tax-free income (from Worksheet 2,
5
5
line 6)
Unreimbursed ministerial employee business expenses (from Worksheet 3,
6
6
line 7)
Total business expenses not deducted in lines 1 and 2 above (add lines 5
7
7
and 6)
Net self-employment income. Subtract line 7 from line 4. Enter here and on
8
8
Schedule SE, Section A, line 2, or Section B, line 2.
Publication 517 (2007)
Page 25
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