Quote:
Originally Posted by Bill14564
Am I misreading the document I linked?
If your employer allocated tips to you, then the allocated tips are shown separately in Box 8 of your Form W-2, Wage and Tax Statement. They are not included in Box 1 (Wages, tips, other compensation), Box 5 (Medicare wages and tips), or Box 7 (Social security tips) of your Form W-2.
Generally, you must report the tips allocated to you by your employer on your income tax return. Attach Form 4137, Social Security and Medicare Tax on Unreported Tip Income, to Form 1040, U.S. Individual Income Tax Return, or Form 1040-SR, U.S. Tax Return for Seniors, to report tips allocated by your employer (in Box 8 of Form W-2). (emphasis added) |
As I understand it, the amount in Box 8 of your W-2 is transferred to Form 4137, where you are supposed to add any other unreported tips, and pay FICA tax on the total. But, I think that most servers will not add any unreported tips to the Form 4137. So, the only unreported tips on Form 4137 would be the allocated tips in Box 8.