turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Attend our Ask the Experts event about Deciphering Your Tax Forms on Feb 19! >> RSVP NOW!
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

dplouise
New Member

Whats the difference between Social security tips vs Allocated tips?

I've never worked at a job where I have had to fill out these boxes, so I'm a bit confused.

I serve food in a restaurant that employs over 10 people who receive tips. My employer takes our tips that we get directly from customers and adds the amount onto our pay stubs. We receive our tips in cash every day.
My employer wrote the amount of tips I got all year in box 7 (social security tips)
Is there supposed to be something in box 8? (allocated tips)
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

1 Reply
KatrinaB
Intuit Alumni

Whats the difference between Social security tips vs Allocated tips?

Your Social Security Tips are tips that have been reported to your employer. Your allocated tips are tips that have not been reported to your employer. Allocated tips are tips that your employer feels should have been reported. Please view the TurboTax FAQ below for further explanation.

https://turbotax.intuit.com/tax-tips/jobs-and-career/when-to-use-tax-form-4137-tax-on-unreported-tip...

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question