ARE PAYMENTS THE CHURCH MAKES DIRECTLY TO INDIVIDUALS WHO ARE MISSIONARIES TAXABLE TO THE MISSIONARY?

Yes, payments made directly to individuals who are missionaries are taxable income to the missionary. If payments to the individual missionary exceed $600, a 1099-MISC must be issued at the end of the year.

Previous
Previous

ANNUAL STRATEGIC PLANNING

Next
Next

APPROPRIATE AMOUNT OF FINANCIAL INFORMATION TO SHARE WITH THE CONGREGATION