|
Posted by Barbara on August 24, 2007, 7:29 pm
Please log in for more thread options
Church hired new associate pastor and gave him $$ to help
offset his moving expense. No accountability so it will be
reported on his W-2 and he will claim allowable expenses on
his 1040. Is it subject to withholding (FICA/Mcare)? If
so, is it necessary to gross up the $$ already paid or can
applicable withholding be taken from a future paycheck?
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ------------------------------------------------------- >>
|