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To: monkeyshine
"All cash and non-cash tips an received by an employee are income and are subject to Federal income taxes. All cash tips received by an employee in any calendar month are subject to social security and Medicare taxes and must be reported to the employer."

https://www.irs.gov/businesses/small-businesses-self-employed/tip-recordkeeping-and-reporting

25 posted on 06/25/2024 5:29:24 PM PDT by moovova ("The NEXT ELECTION is the most important election of our lifetimes!“ LOL...)
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To: moovova

Still doesn’t say if it’s federal code or administrative rule. I truly don’t know.


26 posted on 06/25/2024 6:07:01 PM PDT by monkeyshine (live and let live is dead)
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To: moovova

Let’s eliminate the IRS within Trump’s campaign promise and MAGA voters mandate to Obliterate the Deep State


28 posted on 06/26/2024 7:29:12 AM PDT by delchiante
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