Sponsored by the Church of the Brethren Benefit Trust / Eder Financial
Do W-2s and 1099s confuse you? This session, led by a clergy tax expert, will answer the complex question: How do ministers get paid? Learn about the differences between employees and self-employed workers and why those differences matter. Finally figure out what the designated housing exclusion is. Attendees will leave this session ready to use rules regarding health insurance, business expenses, and employer reimbursements to lower their minister’s taxable income, and learn tips on how to double-check the W-2 to make sure it was prepared correctly.