| Source of Income |
INCOME
SUBJECT TO FEDERAL INCOME TAX AND INCLUDED ON BOX 1 OF W-2 |
INCOME
SUBJECT TO SELF EMPLOYMENT SOCIAL SECURITY TAX AND REPORTED WITH PASTOR'S 1040 ON FORM SE |
| Cash base
salary |
Yes |
Yes |
| Housing
allowance when pastor owns home or rents |
No |
Yes |
| Fair rental
value of parsonage |
No |
Yes |
| Utilities paid
directly by church |
No |
Yes |
| Cash housing
allowance for pastor living in parsonage |
No |
Yes |
| Accountable
reimbursement plan for auto or other professional expenses |
No |
No |
| Non-accountable
reimbursement plan for auto or professional expenses |
Yes |
No, to the
extent deductible on 2106 |
| Personal use of
employer-provided auto |
Yes |
Yes |
| Church's
contribution to retirement plan |
No |
No |
| Health
insurance paid by church or medical expense reimbursement plan |
No |
No |
| Premium for
group term life insurance over $50,000 |
Yes |
Yes |
| Reimbursement
for qualified moving expenses if deducible under new IRS rules |
No |
No |
| Reimbursement
for non-qualified moving expenses if deductible under new IRS rules |
Yes |
Yes |
| 403(b) salary
deferral contribution |
No |
No |
| Social security
offset paid by church |
Yes |
Yes |
| Bonuses, love
offerings, or gifts from the church |
Yes |
Yes |
| Implied
interest on low or no interest loans over $9999.99 by church |
Yes |
Yes |
| Salary
reduction for charitable contribution to the church |
Yes |
Yes |
