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
FLY88 - Trang Chủ FLY88.COM Chính Thức, Đăng Ký Bú 88k
Answers: 0
Views: 15
Rating: 0
Find Your Passion herbal tea
Answers: 0
Views: 8
Rating: 0
Công ty Anh Thư
Answers: 0
Views: 8
Rating: 0
KKBET APP
Answers: 0
Views: 9
Rating: 0
NK88 – Nền tảng cá cược trực tuyến uy tín, bảo mật cao
Answers: 0
Views: 7
Rating: 0
BET88
Answers: 0
Views: 7
Rating: 0
code promo 1xbet côte d’ivoire
Answers: 0
Views: 8
Rating: 0
tv88website
> More questions...
Answers: 0
Views: 15
Rating: 0
suejoe
Jack Large