Is the church reimbursement of premiums for Individual insurance for the pastor and his wife legal?
Know the answer? Face the same situation? Please post your answer or comment by using the "comment" link below. Thank you!
3Comments
Reimbursement for medicare & suppemental nsurance to pastor's wife
AAnonymous
The church voted to pay wife’s health insurance which includes medicare and supplemental, beginning March, 2012 when she turned 65. This is a part of the pastor’s package and is posted as family health. Since the money is taken out of her check, the church has been reimbursing her with a check written to her. Will the church need to issue her a 1099 at the end of the year? Is this the correct way to reimburse pastor’s wife? The church wants to handle this in a way that will give pastor the best tax benefit. How should the church handle this situation?
Health Savings Accounts
Ccmr
What about an individual Health Savings Account where the church pays the premiums?
Insurance
VVickey
Yes...but it is also considered taxable income unless it is through a qualified church sponsored policy.