Lee Wright leads the Ministers Tax Conference at Birmingham Metro Baptist Association in front of tables set up in U formation with people seated around.

Ministers must exercise care in reporting income and filing taxes

Alabama Baptist State Board of Missions church compensation specialist Lee Wright said that in this tax season, ministers must remember that all income from the church is reportable income, including recognition gifts for anniversaries or Christmas.

“The exception is ‘de minimis’ gifts of low value such as occasional theater or sporting event tickets, office snacks and occasional use of the photocopy machine,” he said. “Gifts from church members are exactly that — gifts — but if the church sponsors something, this is considered income by the IRS.”

Wright shared during the Ministers Tax Conference at Birmingham Metro Baptist Association on Feb. 15.

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This article was originally published at TheAlabamaBaptist.org.

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