Retirement paid by Church

[SunTaxMan]

Church is paying "retirement" to a former Pastor. No qualified plan involved. Retirement is being paid from Church treasury. I am thinking that 1099-R is limited to qualified retirement plans, which leaves 1099-Misc. Box 3 - "Other Income" sounds appropriate. Box 7 "non employee compensation" would trigger SE - correct?

Thoughts?

Thanks,

[kcjenkins]

YES, I'd file it as a 1099Misc box 3, since it's not for 'eartnings' from current work, but in lieu of retirement plan payments. i'd suggest he get a letter to that effect, now, before the people who made that decision die or move away, etc. And keep a copy in your file.