Gift to church members and employees

Accounting Packages

Help & Be Helped

Free Stuff

Accounting

Contributions

Membership Software

Administration

Clergy/Minister

Payroll

Misc.

Resources

Information

[?] Subscribe To This Site

Gift to church members and employees

by KIm

The church wrote checks to their church members who volunteers to help the church during the year about $1,000 each and $1,000 to their employee.

Does $1,000 to the employee considered bonus?

What does gift to church members considered? Does the church just need to send 1099-Misc to each church members?

Know the answer? Face the same situation? Please post your answer or comment by using the "comment" link below. Thank you!

Comments for
Gift to church members and employees

Average Rating

Click here to add your own comments

Sep 15, 2010
Rating

Gift to church members and employees
by: Phil Collins

Taking the easiest part of the question first, i.e. $1,000 paid to employee(s), this is income and should be run through payroll so that income and FICA taxes are applied and that the employee
receives a W-2 and not a 1099.

?Giving? a volunteer $1,000 is very close to saying the volunteer is actually not a volunteer but an employee or possibly casual labor. The church member(s) definitely should receive a 1099.

Sep 15, 2010
Rating

Gifts for services rendered
by: Marcus in Texas

I agree with Mr. Collins. Anyone who is payed $600 or more for services rendered, whether volunteer or employee, is required to pay taxes on the "gift" or "bonus" either via the W-2 (employees) or the 1099 (volunteers). Inasmuch as the funds used to make such payments could have been claimed by the donor as tax deductions when the donor files her / his return with the IRS, payments of $600 or more for such services must be taxed. "Render unto Caesar what is Caesar's" and Caesar wants his / her $$$$$$....

Click here to add your own comments

Join in and write your own page! It's easy to do. How?
Simply click here to return to Love Offerings

Custom Search

Church Accounting Package

Want to learn some basic church accounting basics?
Need to know how to fill out a noncash donation receipt?
How about some tips on setting up a fund accounting system?

Click here for details

Testimonies

Would Highly Recommend. Took the mystery out of Church Accounting for me ...more...

Excellent Book! I highly recommend these books. They are a necessity, WRITTEN IN PLAIN ENGLISH!
Errol James

Real Eye Opener. Not knowing a thing about church finances, this was a real eye opener and a great way to get us started ...more...

Very Helpful and Detailed I would recommend these books to everyone, I am from Canada and would also recommend it to all of the Canadian people involved in the Finance part of the church. Very helpful and detailed. A must get!! ...more...

more testimonies on bottom of this page...

Free Accounting Spreadsheets

when you...

Subcribe to my free newsletter: Stewardship

Testimonies

Your spreadsheets work wonderful-I have Pastored for 17 years in 3 different churches, and this is the best and easiest finance program for the Church that I have seen yet!
Pastor Tim

Thank you so much for sharing your spreadsheets! I expect the Lord will reward you in heaven for helping those of us that needed some quick help...more...
Darla

Free Spreadsheets I've downloaded several of your spreadsheets and I had no problem with them. They have helped me to keep better records, also they are well structured professionally... more...
Mary

The free accounting spreadsheets were a life saver. I was able to immediately start using them and they saved me more time than I could ever imagine being able to save! I'm now organized!... more...

more testimonies...

Gift to church members and employees

Comments for Gift to church members and employees

Church Accounting Package

Free Accounting Spreadsheets

Recommended Products

Comments for
Gift to church members and employees