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Business, 12.01.2021 04:10, BallerAlert1644
Father Irving received $55,000 in ministerial earnings - $38,500 salary for ministerial services, 12.750 for performing weddings, and $13,750 excluded parsonage allowance. He incurred $7,000 of unreimbursed expenses connected with his ministerial earnings - $5,500 related to his ministerial salary and $1,500 related to the weddings performed as well employed. How much of these expenses will be deductible when figuring net income for income tax after allocation to the excluded parsonage allowance? O $1,750 $1,375 O $1,125 $375
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Answers: 2
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Business, 22.06.2019 05:00, and7393
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Business, 22.06.2019 08:00, shatj960
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Business, 23.06.2019 00:00, JayceMeyers06
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Father Irving received $55,000 in ministerial earnings - $38,500 salary for ministerial services, 12...
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