❓Non-Taxable Housing Allowance❓

Need help negotiating a 1099 independent contractor role for myself at a new start up.

Hiring Company is a C Corp. I was offered 225k salary, + equity. I want to request that 50k of my salary be classified as a housing allowance to avoid paying income tax on that amount. Is this possible?

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Posting as :
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Side Question: What if I formed an LLC, paid myself from the LLC as an employee, and made part of my own compensation a housing allowance?

Is this shady or smart? lol

likefunny

Ah that’s a bummer lol

So, I’m starting a church. Reaaalll laid back. Completely remote, hang in the discord on Sundays kind of vibe.

Can I get some tax benefits now? 😓

smart

From my own research, I _believe_ this is possible. I believe I would still be required to pay self-employment tax, but not income tax.

Legal and encouraged.

I don’t think this would apply since you’re a contractor you’re not an employee (1099 not W2). Did you find a specific section that relates to contractors?

I mean I did some googling, read a lot about ministers of churches and their housing benefits. But...not thorough enough research.

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