Gas Allowance Reportable on the W-2 form?

by Clifford Johnson
(Florida)

Should an "opted-out" pastor's gas allowance be placed on the W-2 form?

Comments for Gas Allowance Reportable on the W-2 form?

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Dec 26, 2012

Gas allowance
by: Anonymous

It depends on how you pay it, check out IRS pub 15B http://www.irs.gov/pub/irs-pdf/p15b.pdf and also
https://www.freechurchaccounting.com/accountablereimbursementpolicy.html

Prayers!

Feb 07, 2013

Taxable Income
by: Vickey

If you are just issuing him a check for a gas allowance and it is not through a properly set up accountable reimbursement plan, then yes...it would be included in box 1 of his W-2. He won’t owe any SS tax because of his opting out, but he will owe income tax on it.

Feb 17, 2014

income
by: Sandi

Official site for W-2, W-3 forms: http://www.ssa.gov/employer/

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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