According to the Internal Revenue regulations, practicing, ordained minister who are part of the faculty or staff of the Brite Divinity School or Texas Christian University may declare a part of their compensation as a housing allowance.
This amount can be deducted from the gross income as non-taxable compensation. The excludable housing allowance should not exceed the actual expenses for rent, mortgage payments, insurance, taxes, utilities, maintenance, repairs and other expenses directly related to providing a home.
Should these expenses change please complete a new form and forward it to Human Resources. Forms can be found on the Human Resources website under forms and publications.