Our lesson this week examines the topic of pastor's educational expenses. The Executive Summary provides a concise review of the key points. Before we get started, test your knowledge by completing the following quiz.
A pastor takes a course in organizational theory at a local university. The pastor's employing church pays the full cost of tuition, plus books and fees. The total cost comes to $2,500. Should this amount be reported as taxable income to the pastor, or is it a tax-free fringe benefit?
Instructions Click on the correct answer for each of the following questions.
Many pastors take courses at colleges or seminaries. In some cases, the courses are taken to enhance pastoral skills. But in others, the courses have no direct relationship to pastoral responsibilities. In either case, can their employing church pay for the courses, and if so, are ...