From what I was told from an Intuit employee is that you can only report payout income you receive from other employees not payout expenses you give out. Is that double dipping by the IRS or what?
This is what they sent me from the IRS
"If you participate in a tip-splitting or tip-pooling arrangement, report only the tips you receive and retain. Don't report on your income tax return any portion of the tips you receive that you pass on to other employees. However, you must report tips you receive from other employees."
Anyone clear on this???
