Do I need to notify the IRS or the state government for tax purposes when I move to an international location?

No, you do not need to notify the Federal IRS or state tax system when you move to an international location.

Am I responsible for paying U.S. federal income taxes while working at an international location?

In 2014, an eligible foreign worker can exclude up to $99,200 of income from federal income taxes.  Read about the Foreign Earned Income Exclusion and speak with your tax advisor for more details.  Be sure to submit an accurate W-4 form to Reliant to avoid having too much federal income taxes withheld from each paycheck and receiving a large income tax refund when living on a needs-based salary.  The current international SGW assumes you will not be liable for federal income taxes.

Does accepting parsonage as an Ordained Minister lower the person's Social Security and Medicare tax liability? 

No, the pastor would still have to pay Social Security and Medicare (15.3% total) on the parsonage as well as on their taxable income.  For most international staff if they qualify for the Foreign Earned Income Exclusion, the parsonage does not typically lower their tax liability since the Foreign Earned Income Exclusion exempts them from paying federal income taxes on any earned income under $97,600 (as of 2013).

Who can I talk to for help with tax decisions?

Reliant can not make recommendations about tax decisions, so it is the missionary's responsibility to seek that input from a financial advisor or tax specialist. Below is a list of tax specialists that other international missionaries with Reliant have consulted:

NameTitle/SpecialtyContact Info
Loren GillClergy & Overseas Tax Specialist

phone: 407-385-0267 

email: info@missionarytax.com 

website: www.missionarytax.com

   

What U.S. banks are recommended for international missionaries to use?

Missionaries are free to use any bank they'd like! In the event that a missionary is looking for bank recommendations, below are banks Reliant has heard of that market towards international missionaries.

Bank NameContact InfoResources
Evangelical Christian Credit Union (ECUU)

Schuyler Francine, Associate Vice President - Schuyler.Francine@eccu.org

For secure encrypted transmittal of documents, use https://securemail.eccu.org/dropoff/to/schuyler.francine@eccu.org

ECCU missionary banking

ECCU Everyday Cashback credit card (no annual fee & no international transaction fees)

Online & Mobile Banking