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November - Housing Allowance Review Month
Tuesday, November 1, 2022 by J. V. Kennedy-Jacobs

November is housing allowance review month. This is a good time to check your current year's expenditures within the allowable categories to see how close you come to meeting your projections. If you are close to the amount projected for the year, then do nothing. You are in great shape. If you are short, consider making additional expenditures to absorb your projected allowance,  Otherwise, any unused allowance will be reclassified as taxable income.

J. V. Kennedy-Jacobs


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