Search this site with the Site Map or Site Search
MUST HAVE REFERENCE GUIDE
Our pastor does not get a salary but we give him an automobile allowance. Do we have to show that or report it to IRS?vickey’s replyIf it is over $600, you would send the pastor a 1099-MISC and report it to the IRS...if he is considered an independent contractor. If he is considered an employee and is not being paid through a accountable reimbursement plan, you would send him/her a W-2 and report to the SSA...no matter what the amount is.
Click here to post comments
Join in and write your own page! It's easy to do. How? Simply click here to return to Fringe Benefits.
Need training on how to use QBO or Aplos effectively for a church or better yet ...need an expert in either of those accounting software to do your monthly bookkeeping and/or payroll? See more on our accounting services!
Quick Links: Home | Blog | Newsletter | Free Spreadsheets
Products: Church Accounting Book | Church Accounting Package | Spreadsheet Package
Support: FAQ | Church Accounting FAQ | Contact
Church Accounting Package!
By Vickey Boatright Richardson Copyright © 2008-2020 All rights reserved