Senior Missionary Couples - Ward Missionary Accounts
- geowizrd4zion
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there are now two additional letters available on this subject in the official communication library dated 10dec2011 that clarify some, though not all, of the issues discussed above. note that this means that stake presidents/bishops will receive their hard copies via snail mail sometime early next year.
https://lds.org/letters/document/pdf?it ... &clang=eng
https://lds.org/letters/document/pdf?it ... &clang=eng
https://lds.org/letters/document/pdf?it ... &clang=eng
https://lds.org/letters/document/pdf?it ... &clang=eng
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Given that a great many of us can't access the OCL, would you mind summarizing?geowizrd wrote:there are now two additional letters available on this subject in the official communication library dated 10dec2011 that clarify some, though not all, of the issues discussed above. note that this means that stake presidents/bishops will receive their hard copies via snail mail sometime early next year.
https://lds.org/letters/document/pdf?it ... &clang=eng
https://lds.org/letters/document/pdf?it ... &clang=eng
- johnshaw
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I see this thread has been inactive for a few months, but I am confused by this very issue...today.
My ward has a senior couple that left a 3 months ago and MLS has deducted several hundred dollars each month from "their" missionary account.
is this correct. I mean from what I read above that was not supposed to happen.
I have emailed but have not yet received a response.
has anyone else seen this?
Thanks
My ward has a senior couple that left a 3 months ago and MLS has deducted several hundred dollars each month from "their" missionary account.
is this correct. I mean from what I read above that was not supposed to happen.
I have emailed but have not yet received a response.
has anyone else seen this?
Thanks
- johnshaw
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ralitaco,
If the missionary department is 'charging' your Senior Couple's missionary account that means that the mission they are serving in and from are 'qualifying' areas where this new program was implemented starting in January. The Senior Couple coordinated with their mission to provide the amount of money as a qualified expense to pay directly to their home ward Missionary account. What HASN'T happened, is the Ward clerk and the couple made arrangements for the money they should be contributing each month to be paid to the ward rather than???? the mission??? It may be that the couple was told the clerk would contact them, either way, I would call them, and figure out how to start receiving their donations to balance their account, just like you would for a young missionary's $400 per month expense.
If the missionary department is 'charging' your Senior Couple's missionary account that means that the mission they are serving in and from are 'qualifying' areas where this new program was implemented starting in January. The Senior Couple coordinated with their mission to provide the amount of money as a qualified expense to pay directly to their home ward Missionary account. What HASN'T happened, is the Ward clerk and the couple made arrangements for the money they should be contributing each month to be paid to the ward rather than???? the mission??? It may be that the couple was told the clerk would contact them, either way, I would call them, and figure out how to start receiving their donations to balance their account, just like you would for a young missionary's $400 per month expense.
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Re: Senior Missionary Couples - Ward Missionary Accounts
We are a senior couple who contributed our estimated total housing before leaving, then found out it will not be enough. Others are/will be helping. How can we get periodic reports letting us know expenses and incoming funds? Our financial clerks doesn't know how to produce such a report...
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Re: Senior Missionary Couples - Ward Missionary Accounts
The report will need to be ran from your home ward. Your home ward clerks can give you a detail report on whats happening in your account, although I would recommend a summary report as the detail report will show who made the donation. They just need to go to the finance section of MLS and run an expense report.bconrad wrote:We are a senior couple who contributed our estimated total housing before leaving, then found out it will not be enough. Others are/will be helping. How can we get periodic reports letting us know expenses and incoming funds? Our financial clerks doesn't know how to produce such a report...
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Re: Senior Missionary Couples - Ward Missionary Accounts
Keeping it simple. I understand that up to 1400 per month is tax deductible for housing and utilities. Also travel that is not reimbursed. Right ?
Any other expenses detectable?
Any other expenses detectable?
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Re: Senior Missionary Couples - Ward Missionary Accounts
I would contact you tax preparer for tax deductions information.ronbrock wrote:Keeping it simple. I understand that up to 1400 per month is tax deductible for housing and utilities. Also travel that is not reimbursed. Right ?
Any other expenses detectable?
I know anything paid to the missionary fund would be tax deductible. Travel would be done using the mileage deduction for charitable organizations. There could be other deductions that you tax preparer may be able to help you with.