Clergy Tax Information

Below are some helpful resources for local churches as they prepare W-2 information
for their Pastors and employees.

 

We want to remind you that the due date for distributing 2020 W-2’s & 1099-MISC’s to your recipients is a postmark date of February 1, 2021.  This is also the date that the summary forms, W-3 & 1096, are due to be filed (postmarked) with the IRS.

Please note that the Iowa Department of Revenue has requested that all W-2 & 1099 Forms be submitted to them electronically.  However, the Treasurer’s Office confirmed with them that churches having less than 10 forms can still be filed via paper.  Also, if a church does not have any state tax withholding to report on any of the W-2’s or 1099’s issued, they do not need to file any W-2’s or 1099’s with the state.  Forms only need to be filed if there has been state tax withheld.  More information can be found at: https://tax.iowa.gov/electronic-filing-w-2-wage-statements-and-1099-information-returns

We have included links to the IRS Instructions for each of these forms below for your reference.  We have a limited number of blank forms available to you if needed.  Forms can still be requested from the IRS at:  https://www.irs.gov/businesses/online-ordering-for-information-returns-and-employer-returns

 

Form W-2: https://www.irs.gov/pub/irs-pdf/fw2.pdf

Form W-2 & W-3 Instructions: https://www.irs.gov/pub/irs-pdf/iw2w3.pdf

Form 1099-NEC: https://www.irs.gov/pub/irs-pdf/f1099nec_20.pdf

Form 1099-MISC & 1099-NEC Instructions: https://www.irs.gov/pub/irs-pdf/i1099msc.pdf

Form 1096 Instructions: https://www.irs.gov/pub/irs-pdf/f1096.pdf

 

Clergy Tax Webinars

For the past few years, the Conference has offered an webinar providing instructions for your W-2 and Year-End Reporting needs.  This year's sessions were held on January 6th and 7th.  Here are resources from those sessions (note: same content, just repeated).

W-2 Webinar informational slides (PDF) format

W-2 Webinar session 1 recording - 01/06/2020

W-2 Webinar session 2 recording - 01/07/2020

 

GCFA Clergy Tax Packet

Fair Rental Value document (2015)

Taxable Value of Group Term Life Insurance Calculator 2020 (Only applies to ACTIVE Clergy)