Okay clergy tax knowers, it’s that time of year for a question Is there any reason that a cleric *has* to do quarterly taxes instead of simply manually adjusting their monthly withholding such that it will cover both income and SE obligations? - ThreadSky

About ThreadSky

mtrkdjoyce.bsky.social • 30 days ago

Okay clergy tax knowers, it’s that time of year for a question

Is there any reason that a cleric *has* to do quarterly taxes instead of simply manually adjusting their monthly withholding such that it will cover both income and SE obligations?

Comments

phubbbs.bsky.social•30 days ago

Not that I know of/I sure hope not! The church where I did my curacy did not withhold anything, so I paid quarterly. My new church withholds money from my salary, so I’ve not been paying. 🙏

jdotclarkson.bsky.social•30 days ago

Ditto to everyone in this thread who is team withholding.

revlucymeg.bsky.social•30 days ago

Team Adjust Withholding here! Quarterly taxes stresses me out and this feels so much safer. I just never see the money, yay!

mtrkdjoyce.bsky.social•30 days ago

*exactly* this

josephpmathews.bsky.social•30 days ago

We did quarterlies for a few years until our accountant figured out what we needed to to Not. Now I am not stressed and my husband is not stressed and it’s one less thing to keep a record of

azbishop6.bsky.social•30 days ago

Yeah, adjusting your withholding is SO MUCH EASIER. I wish I had figured it out earlier.

Posting Rules

Be respectful to others
No spam or self-promotion
Stay on topic
Follow Bluesky's terms of service

Comments

Posting Rules

Reply