Tag Archives: Tip

Tips on Tips

Today TaxMama hears from David in Arizona who got an unpleasant surprise. “I work for a restaurant that has not collected tip income info from our wait staff, and has not done any subsequent withholding. I am the lucky one who inherited payroll responsibility mid-year. I just learned of this oversight when prepping W2’s for […]

Reporting Tip Income

Today TaxMama hears from Danni in Florida who tells us “I am a hairdresser. What percentage of my tips am I required to report?” Dear Danni 100% – ALL OF YOUR TIPS! Why should you have to report less than all your income when every other working stiff has to report 100% of theirs? Whatever […]

Tips Topped

Today TaxMama hears from Lindsey in Fort Myers, FL who says “I work for an hourly wage and tips. I keep a careful daily log of my tips. At the end of the year, if my employer doesn’t feel that I have claimed enough on tips, and they want to insure that they’ve paid enough […]