1 Answer
Box 8 - the total in allocated tips. If you worked in a restaurant but didn't report all your tips to your employer, then this box lists the difference between what you reported in tips and your share of 8% of the restaurant's income. If there is any amount listed here, it was not included in Box 1, the total of wages and salaries.
When you report your salary on your 1040, you need to add Box 1 and Box 8 and enter this total on your 1040 for "wages, salaries, and tips". If you do have a number in Box 8 you also need to complete Form 4137, Social Security and Medicare Tax on Unreported Tip Income
That means you sill pay more income tax and more FICA.
13 years ago. Rating: 0 | |
Top contributors in Uncategorized category
Unanswered Questions
Xổ Số 333
Answers: 0
Views: 1
Rating: 0
Xổ Số 333
Answers: 0
Views: 1
Rating: 0
kqbdfootball
Answers: 0
Views: 6
Rating: 0
Xổ Số 333 – Sân chơi xổ số đổi thưởng uy tín, cập nhật kết quả liên tục
Answers: 0
Views: 8
Rating: 0
Nhà Cái Fabet
Answers: 0
Views: 7
Rating: 0
pufftequila
Answers: 0
Views: 6
Rating: 0
188betlinkio
Answers: 0
Views: 8
Rating: 0
W88 – Đỉnh cao giải trí cá cược cho người chơi sành điệu
> More questions...
Answers: 0
Views: 6
Rating: 0