In this video, Amy answers the following questions:
– What is the QBI deduction?
– Can a pastor claim the qualified business income deduction?
– If so, is the housing allowance part of the calculation?
Video: Q&A: Can A Pastor Claim The QBI Deduction?
2 Responses
Eric
December 19, 2021Sounds like the pastor getting the 1099 should actually be receiving a W2 and not a 1099. Obviously, more questions would have to be asked but it sounds like this is an employee improperly receiving a 1099 from his church. I’ve seen this before.
Amy
December 21, 2021Eric,
Yes, there is often a lot of confusion regarding whether pastors should be paid by 1099 or W-2. I always recommend that churches consult with a knowledgeable CPA on the matter.