How Much Of My Cash Tips Should I Claim? [Solved]
Greetings, iam Eddie West, Have a splendid day! How Much Of My Cash Tips Should I Claim? [Solved] Your employer will report your tip income on your W-2, Box 7 (Social Security tips). The law assumes an average tip rate of 8%, and it expects employees to report tips at least 8% of the gross food and drink sales. (The tip rate might be a lower agreed-upon rate.) Tip Income Reporting Are...