The Tax Guide for Ministers for 2020 Returns is now available on Benefits Connect. The tax guide is an important resource for ministers and their tax advisers. - The guide includes a refresher on the housing allowance.
- The section Tax Highlights for 2020 includes key individual tax provisions of COVID-19 relief and the 2017 Tax Cuts and Jobs Act, including the standard deduction increases effective for 2020 and other changes that may be of interest.
- Additional information on the effect of the CARES Act and SECURE Act on 403(b)(9) plan distributions is included in Part 3 of the guide.
In our ongoing effort to maintain the health and safety of Board of Pensions employees by reducing the staff needed in our office to handle mailings, as well as to continue to be good stewards of resources, the Tax Guide for Ministers will no longer be printed and mailed to all ministers. However, if you or your tax adviser needs a paper copy of the guide, call the Board of Pensions at 800-773-7752 (800-PRESPLAN) Monday through Friday from 8:30 a.m. to 7 p.m. ET. Using Benefits Connect is easy Benefits Connect is the Board’s benefits website that gives you access to information about your benefits and access to the Tax Guide for Ministers for 2020 Returns and Federal Reporting Requirements for Churches for 2021. If you’re not already using Benefits Connect, registering is easy. Visit pensions.org and click on the Benefits Connect Login at the top of the page. You will need your name, birth date, Social Security number, and ZIP code to get started. | 
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