Church donation to the minister's IRA

If the church has decided to donate $2000 a year to a minister's IRA.....how is this done? Does the church write and send the check to the account on the minister's behalf? Does the minister claim the contribution on his tax return?

Comments for Church donation to the minister's IRA

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Apr 07, 2013

IRA
by: Sandi

go to: http://www.irs.gov/publications/p590/ch03.html for how to do an IRA for employee

Prayers

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Join in and write your own page! It's easy to do. How? Simply click here to return to Minister's W-2.

If you want to DIY your payroll, I highly recommend you look at using Gusto! It is very user friendly and their support is awesome! Plus they know how to set up and maintain payrolls for churches and nonprofit organizations.

Note: I am a "partner" of Gusto, but as I have told you before ... I never recommend anything that we or our clients have not tried and love =)

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