Loan Repayment Assistance Programs (LRAPs)
Health care professionals might receive education loan repayments; they are not taxable if they are made by:
Ministers or Other Members of the Clergy
The ministry profession presents unique issues, such as the parsonage/housing allowance, whether earnings are covered under FICA or SECA (self employment tax), and the rules for being exempt. Publication 517, Social Security and Other Information for Members of the Clergy and Religious Workers, covers this topic. This information is provided for awareness only and is out of scope for the VITA/TCE program. Taxpayers who have these issues should be referred to a professional tax preparer.