26 U.S.C. § 107 - Rental value of parsonages

• Cite as: 26 U.S.C. § 107

In the case of a minister of the gospel, gross income does not include-

(1) the rental value of a home furnished to him as part of his compensation; or

(2) the rental allowance paid to him as part of his compensation, to the extent used by him to rent or provide a home and to the extent such allowance does not exceed the fair rental value of the home, including furnishings and appurtenances such as a garage, plus the cost of utilities.

Cite as 26 U.S.C. § 107

Source: Aug. 16, 1954, ch. 736, 68A Stat. 32; Pub. L. 107-181, §2(a), May 20, 2002, 116 Stat. 583.

Notes from the Office of Law Revision Counsel

current through 5/23/2023

EDITORIAL NOTES

AMENDMENTS

2002-Par. (2). Pub. L. 107-181 inserted "and to the extent such allowance does not exceed the fair rental value of the home, including furnishings and appurtenances such as a garage, plus the cost of utilities" before period at end.

STATUTORY NOTES AND RELATED SUBSIDIARIES