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I need to claim my tips but I can't figure out how
June 1, 2019
4:54 AM
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Get your taxes done using TurboTax
Haven't you been reporting them to your employer? The rules say this:
Report tips to your employer If you receive $20 or more in tips in any one month, you should report all of your tips to your employer. Your employer is required to withhold federal income, Social Security and Medicare taxes. Keep a running daily log of your tip income.
Report tips to your employer If you receive $20 or more in tips in any one month, you should report all of your tips to your employer. Your employer is required to withhold federal income, Social Security and Medicare taxes. Keep a running daily log of your tip income.
June 1, 2019
4:55 AM
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Get your taxes done using TurboTax
To enter your tips with the employer's W-2:
-
Open your return in TurboTax, if you aren't already in
it.
(To do this, sign in to TurboTax and click the orange Take me to my return button.) - Search for w-2 (with or without the dash)
- Click on the Jump to w-2 link in the search results.
- If that
employer's W-2 was already entered – on the Here's your W-2 info screen, click Edit next to that employer.
If you haven't entered any W-2's yet, then follow the on screen instructions, or click the Add a W-2 button to add this employer. - Enter the information from the W-2, then press Continue at the bottom and follow the next screens.
- On the Do any of these uncommon situations apply to this W-2? screen, check the box for Unreported tips - I got tips that I didn't report to (employer name), and then click the Continue button.
- On the Tips Not Reported to (employer name) screen, answer the question about your tips.
- On the Enter Any Tips You Didn't Report to (employer name) screen, enter the amount of your tips.
June 1, 2019
4:55 AM