To: George14
Okay, I have a question.
My daughter works at Subway, where they have a tip jar on the counter. It never occured to me to tip the guy making my sandwich until she mentioned how much she made in tips one night. Frankly I think it's silly.
But anyway, I told her that she needs to keep track of her tips because they are considered to be taxable income. She told me I was full of it. She asked her fellow employees (who are under 18 and probably don't know didly about the IRS) and they told her the tips weren't taxable income.
Who's right?
141 posted on
12/06/2005 1:44:34 PM PST by
Not A Snowbird
(Official RKBA Landscaper and Arborist, Duchess of Green Leafy Things)
To: SandyInSeattle
Sorry but tips are considered taxable income.
146 posted on
12/06/2005 1:47:18 PM PST by
Coffee_drinker
(Since Bush became president, the taliban are gone, saddam is gone, Khadaffi is neutered, arafat died)
To: SandyInSeattle
149 posted on
12/06/2005 1:49:19 PM PST by
saveliberty
(The feed? Senator Ted thought it was part of the Big Dig. It's in the Esther Williams Tunnel now)
To: SandyInSeattle
All income is reportable. Tips are explicitly stated as taxable income right on the form.
151 posted on
12/06/2005 1:50:39 PM PST by
saveliberty
(The feed? Senator Ted thought it was part of the Big Dig. It's in the Esther Williams Tunnel now)
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