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Treasurer/Bookkeeper

Continuing education for ministry leaders
Treasurer/Bookkeeper
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.

This Week's LessonWeek of August 4

Parsonages

Introduction

This lesson focuses on the issue of Parsonages. You can review the Executive Summary to obtain the key points or read the Weekly Lesson for a more thorough presentation of this topic. Start by completing the following interactive quiz to test your knowledge.

Pastor Jay lives in a church-provided parsonage that has an annual rental value of $10,000. Should the church treasurer report this amount as taxable income on Pastor Jay's W-2 form? In addition, Pastor Jay's church designated $5,000 of his salary this year as a "parsonage allowance." He uses this entire amount to pay for parsonage-related expenses, including utilities and furnishings. Should the church treasurer report any of this allowance as taxable income on Pastor Jay's W-2 form? These questions are addressed in this week's lesson.

Weekly Quiz

Instructions Click on the correct answer for each of the following questions.

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