Hi, iam Jeremy Schamber, Buongiorno.
How Much Of My Tips Are Taxed? [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.) The reported tip income might be less than 8%.
“Where’s My Food?!” - Do Servers Pay Taxes on Their Tips?
Enjoy watching this free 90-second video clip from the new documentary “Where’s
YOUTUBE TAXES Explained! 10 Tax Tips for YouTube Creators!
YouTube
6 Tips & Tricks To SAVE TAXES On F&O Income!
00:00 Introduction 00:40 - 1. CLAIMING EXPENDITURE LIKE… 03:09 - 2. SAVE
