Clergy Tax Facts
Note:
Dates may be altered due to Federal holiday.
Dates to Remember
January 1
New Clergy Tax Organizer Online is availbale for download.
January 31
Provide a W-2 to each employee.
Provide a 1099-MISC to each independent contractor to whom the church paid at least $600 during the previous year.
Send Form 941 to the IRS to report wages and taxes withheld for the quarter ending December 31.
February 15
A new W-4 form must be completed by non-ministerial employees who claimed total exemption from withholding during the previous year.
February 28
Due date for Form W-3 (Transmittal of Income and Tax Statements), and copy A of all W-2s. Send to the Social Security Administration. The address is on the W-3 instructions.
Send copies of tax statements (W-2s and 1099-MISCs) to the state.
Send Form 1096 (Annual Summary and Transmittal of U. S. Information Returns) with all copies of 1099-MISCs to the IRS. (The address is on the Form 1096 instructions.)
April 15
Individual tax return filing deadline.
April 30
Send Form 941 to the IRS to report wages and taxes withheld for the quarter ending March 31.
July 31
Send Form 941 to the IRS to report wages and taxes withheld for the quarter ending June 30.
October 15
Individual tax return filing deadline with extension.
October 31
Send Form 941 to the IRS to report wages and taxes withheld for the quarter ending September 30.
December 1
Complete new Forms W-4 for any employees whose withholding will change for the next year.
December 31
The board needs to designate the next year’s housing or parsonage/manse allowance for ministers. Requires a board resolution.
The board needs to establish a written business expense reimbursement policy for all employees. It needs to be established only once, not renewed every year.
Clergy should not view this information as a substitute for professional advice. This information is subject to change, due to administrative rulings or interpretations and or technical corrections by the IRS. If legal advice or other expert assistance is required, the services of a competent clergy tax professional person should be sought.
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Get a better understanding of U.S. tax laws as they relate to pastors and churches with the Church & Clergy Tax Guide |
Every church and its employees want to feel confident that their compensation plan is reasonable and fair. |
To accomplish your church's mission and vision for ministry you need to effectively manage your church's finances |
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Clergy should not view this information as a substitute for professional advice. This information is subject to change, due to administrative rulings or interpretations and or technical corrections by the IRS. If legal advice or other expert assistance is required, the services of a competent clergy tax professional person should be sought.
