Home About Us Resources Missions For Ministers News Links Other Stuff
UBIC Title
CHURCH FINANCES

Leased Vehicles

If an employee uses a church-owned or church-leased vehicle, any personal use of that vehicle is considered a noncash fringe benefit. The fair market value of the cost of using that vehicle is taxable, and should be included on the W2 as compensation (unless the value is reimbursed to the church by the minister).

Miles driven for personal use

X

IRS mileage rate

=