Rev. Carla Fitzgerald is a full-time minister. The church allows her to use a parsonage...
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Accounting
Rev. Carla Fitzgerald is a full-time minister. The church allows her to use a parsonage that has an annual fair rental value of $26,000. The church pays her an annual salary of $69,000, of which $6,500 is designated for utility costs. Her actual utility costs during the year were $6,000. How much income will Rev. Fitzgerald report for income tax purposes? $63,000 $69,500 $75,000 $75,500 Mark for follow up
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