The Unique Aspects Of Tax Returns For Members Of The Clergy
There are certain income tax regulations that apply only to members of the clergy. As a result, individuals who are filing their first tax return as a minister are likely to notice that their return is more complex than in the past. Ministers usually learn from their first tax return that their situation requires an extra degree of tax planning.
One of the first differences a new minister may notice is that their Form W-2 contains relatively few entries.