Jump directly to the content

New MinisterWeekly Lessons

Continuing education for ministry leaders
New Minister
Weekly Lessons, created and written by Richard R. Hammar, J.D., LL.M., CPA, give you a basic legal overview of essential topics based on staff or volunteer positions within a church.

Previous Lessons

Week of May 27

Parsonages

This Week's LessonWeek of June 3

How Do I Pay Estimated Taxes?

Introduction

This lesson examines how new ministers should pay their estimated taxes. The Executive Summary provides a concise review of the key points. Before we get started, test your knowledge by completing the following quiz.

Quiz

Executive Summary

Ministers' compensation is exempt from federal income tax withholding, whether they report their income taxes as employees or as self-employed. Ministers must prepay their income taxes and self-employment taxes using the estimated tax procedure (unless they elect voluntary withholding, which is addressed in another lesson in this series for new ministers).

Article Preview

This article is currently available to ChurchLawAndTax.com subscribers only. To continue reading:

View All
from our store
12 Law & Tax Guidelines for New Ministers

12 Law & Tax Guidelines for New Ministers

Essential knowledge to ensure legal and financial clarity and integrity in ministry.
2018 Church & Clergy Tax Guide

2018 Church & Clergy Tax Guide

Find comprehensive help understanding United States tax laws as they relate to pastors and churches.
Church Finance

Church Finance

Learn about budgeting, financial reporting, tax compliance, insurance coverage, and more.
20 Finance Questions Churches Ask

20 Finance Questions Churches Ask

Richard Hammar shares his answers to 20 of the most widely asked and relevant tax and finance questions for church leaders.
ChurchSalary

Receive a customized salary report for up to 15 different ministry positions. Learn how your church should compensate based on size, budget, location, and employee work experience.