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How are we supposed to track and report clergy stipends.

Customer Question
How are we supposed...

How are we supposed to track and report clergy stipends. Background: We did not report our priests income with our payroll, now we are asked to give them a W-2. How are we supposed to track and report clergy stipends?

Accountant's Assistant: The Accountant will know how to help. Is there anything else the Accountant should be aware of?

How do we fix this if we did not report any income for our priests through our payroll system?

Submitted: 7 months ago.Category: Finance
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1/17/2018
Financial Professional: TaxRobin, Senior Advisor replied 7 months ago
TaxRobin
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Hello, I'm Robin. Welcome to JustAnswer. I'm reviewing your question now and typing up my reply. I'll post that in just a few moments.

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Financial Professional: TaxRobin, Senior Advisor replied 7 months ago

The Catholic Diocese of Rockford uses a worksheet that they send out to all their Parishes, Schools, and Agencies to gather this info for the W2 completing. Perhaps this will assist you.

http://www.rockforddiocese.org/pdfs/accounting/W-2_Priests_Worksheet_and_Memo-2017.pdf

Please let me know if you need more information.
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