The Tax Guide for Ministers & Churches is now available in the Tax Resource Center on Pensions.org. It was also mailed to active and retired ministers at the end of January.
Written by renowned clergy and church tax expert Richard R. Hammar, J.D., LL.M., CPA, this informative guide provides recent tax information for active and retired ministers to use when filing IRS Form 1040 each year. It includes:
- details regarding the manse or housing allowance (with the annual housing allowance letter for retired or disabled ministers)
- rules surrounding ministers regarding federal and social security taxes
- step-by-step instructions for Form 1040 tax return preparation
The information provided in the above-described resources is not intended as a substitute for legal, accounting, or other professional advice that you may require while preparing your tax returns.