The 2019 version of Tax Manual for Deacons will be the 2018 manual with a 2019 Supplement, and will be available mid-January 2020. Please check back January 1st for updated ordering information. Orders placed at this time will still be the 32nd edition and 2018 tax information.
Everything is new again! For 2019 tax returns, the IRS has changed Form 1040 and all of the new schedules have been changed from six to three.
The PDF is $15 and will be emailed within 24 hours of order being placed. [After January 10, 2020]. The 2019 Supplement complements Tax Manual For Deacons published in 2019 (for tax year 2018), providing for updates to tax year 2018 figures, forms, and data that are or may be primary items of interest and affecting deacons.
A comprehensive guide to assist deacons in preparing their Federal Income Taxes. As ordained clergy deacons enjoy (and suffer) the same tax treatment as Catholic priests.
The Tax Cuts and Jobs Act is the most significant tax reform legislation in over 30 years!
There are many changes, including but not limited to:
The 2019 Form 1040 is now longer than 2018 by nearly two inches per side.
Three new Schedules replace the six schedules that were new last year
Standard Deductions have been increased
The Qualified Business Income Deduction new requires a new form
Unreimbursed employee expenses have been eliminated as deductions
Itemized Deductions have changed and some have new limits
The tax brackets at the lower rates have been updated for inflation with many other updated figures.
ALL of the tax provisions that apply to priests (see that web page) may also apply to deacons.
Find out how a little planning and coordination can positively affect Federal Income Taxes — in some cases by thousands of dollars.
Sample tax returns for different situations.
Learn how to reduce income and get a tax deduction at the same time [legal double dipping!]