Elink EXTRA!

Your Church May Qualify for a Significant Tax Credit…must act by May 15

Under the new rules for health care insurance, many churches will be entitled to a tax refund.  If you can answer “yes” to these questions, you should act now:

  • Does your church give a W-2 to your pastor and other staff?
  • Does your church pay some or all of the health insurance, at least for your pastor (through the Board of Pensions or otherwise)?
  • Does your pastor voluntarily have federal tax withheld by the church?

If your answers to these questions are “yes” – check the Board of Pensions www.pensions.org/taxcredit for details.  Also, check the Presbytery website for some helpful tips on filling out Forms 990-T and 8941 www.shenango.org/News/index.htm#taxcredit

If you have questions, call Shari at the Presbytery Office on Monday, Wednesday or Friday.  Remember, May 15 is the deadline.

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