Social Security Taxes - When to Pay?

When do you pay Social security taxes? Is it at the end of the year, or do you have to pay monthly/quarterly as a full-time minister/pastor?



Vickey's Reply

That depends on your income.

See this page for help figuring how much self-employment tax you owe so far.

Usually you will need to make quarterly estimated tax payments to avoid paying a penalty for underpayment of estimated tax.

Click here for more information on this penalty.

Click here to post comments

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

Need a Consultation, help setting up an effective Accounting System, or someone to do your monthly bookkeeping?