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To: Responsibility2nd

Haha, yeah, you pay taxes on your tips.


9 posted on 01/31/2013 1:31:29 PM PST by andyk (I have sworn...eternal hostility against every form of tyranny over the mind of man.)
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To: andyk

As I understand it.... You pay taxes on your tips EVEN IF YOU DON’T COLLECT ‘EM.

The IRS assumes you made ‘em.


16 posted on 01/31/2013 1:35:59 PM PST by Responsibility2nd (NO LIBS. This Means Liberals and (L)libertarians! Same Thing. NO LIBS!!)
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To: andyk
Haha, yeah, you pay taxes on your tips.

They pay taxes on recorded tips, like when done from a credit card receipt (where the govt can track it). Most waitresses I know do not report cash tips to the IRS. They just tip out the bus boys, etc, and keep the rest to themselves.

I certainly couldn't do that job, I don't have the right temperment. :-)

29 posted on 01/31/2013 1:42:23 PM PST by RikaStrom ("To learn who rules over you, simply find out who you are not allowed to criticize." ~Voltaire)
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To: andyk

Haha, yeah, you pay taxes on your tips.


And they are paid after EVERY shift based upon ‘gross sales’.


130 posted on 01/31/2013 5:47:16 PM PST by S.O.S121.500 (IHaveSwornUponTheAltarOfGod eternal hostility against every form of tyranny over the mind of man.)
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