11 apr 2025 10:59 pm est ( gmt - 5 ) :
====================================================================
---https://www.tax.virginia.gov/who-must-file from google ( virginia who file tax ) result 1
You must file an income tax return in Virginia if :
you are a resident of Virginia, part-year resident, or a nonresident, and
you are required to file a federal income tax return, and
you have Virginia adjusted gross income equal to or greater than the amounts below:
Single or married filing separately : 11,950 usd
Married filing jointly : 23,900 usd
==================================================
---https://www.irs.gov/individuals/check-if-you-need-to-file-a-tax-return#amount-to-file
from google ( who must file federal tax ) result 1
Who must file
Most U.S. citizens or permanent residents who work in the U.S. have to file a tax return.
Generally, you need to file if :
Your income is over the filing requirement
You have over $400 in net earnings from self-employment (side jobs or other independent work)
You had other situations that require you to file
It might pay you to file even if you don’t have to.
Income amount that requires you to file
If you were under 65 at the end of 2024
If your filing status is: File a tax return if your gross income is:
Single $14,600 or more
Head of household $21,900 or more
Married filing jointly $29,200 or more (both spouses under 65)
$30,750 or more (one spouse under 65)
Married filing separately $5 or more
Qualifying surviving spouse $29,200 or more
You may want to file a return even if you made less to get a refund of taxes your employer withheld from your pay.
If you were 65 or older at the end of 2024
If your filing status is: File a tax return if your gross income is:
Single $16,550 or more
Head of household $23,850 or more
Married filing jointly $30,750 or more (one spouse under 65)
$32,300 or more (both spouses 65 or older)
Married filing separately $5 or more
Qualifying surviving spouse $30,750 or more
============================================
---https://www.findlaw.com/tax/tax-problems-audits/what-to-expect-if-you-don-t-pay-your-taxes.html
from google ( how irs know tax debt ) result 2 -> ppl also ask -> How does the government know if you don't pay taxes?
...
Often, when IRS discover that someone has not paid their taxes , it's because that person's employer or financial institution
has filed a Form W-2 or Form 1099 with the agency notifying it that it paid you. When this happens, IRS will send the person
a letter asking them to file and may follow up with more notices. Should a taxpayer not file after being repeatedly asked to do so,
IRS will file a substitute return on their behalf based on the information it has. Taxpayers who don't respond after getting mailed
a substitute return may be subject to more collection actions.
...
===============================================
---https://www.reddit.com/r/personalfinance/comments/56dy62/how_does_the_irs_know_if_the_income_i_report_is/
from reddit.com->search ( how irs know tax )
Go to personalfinance
r/personalfinance
•
9 yr. ago
badfinances88
How does the IRS know if the income I report is correct?
Taxes
I understand this is a scummy question, but I am genuinely curious. I am doing my taxes for the first time this year, and I am totally self-employed. I don't make a ton of money, maybe $20,000 for the year. What if I just put that I only made $15,000 and don't bother taking deductions?
I fully understand this is said to be a bad idea, but everything I am finding says the IRS audits returns with excessive and unusual deductions, and underreported income which they figure out by cross referencing industry norms... but for someone just starting as a self-employed person? I can't just start at industry normative standards, I'm working my way up in the world.
Sorry...this sounds bad, but I am just curious, how the heck would they know?
sleepyguy22
•
9 yr. ago
If you're self employed, your clients should be filing a 1099 with the IRS. If they don't, then you're correct :
there's no way for the IRS to know what your income was.
u/kylejack avatar
kylejack
•
9 yr. ago
Because many of your clients are required to file forms with the IRS of how much money they gave you.
forlorn_hope28
•
9 yr. ago
your employer/clients along with your brokerages send most of the information to the IRS so they should have a general idea of what you owe. you could definitely make some adjustments at your own peril. the IRS performs random audits where you may have to provide line by line support for your entries.
I-suck-at-golf
•
9 yr. ago
If you're not a 1099 or W-9 employee, just claim $5K.
=======================
---https://www.reddit.com/r/stocks/comments/ptd3fx/how_does_the_irs_know_how_much_to_tax_me/
from reddit.com->search ( how irs know tax )
r/stocks icon
Go to stocks
r/stocks
•
4 yr. ago
GioPeyo
How does the IRS know how much to tax me?
Advice Request
I am fairly new to trading. Let's say I made $1000 capital gains and I cash out after 3 months. Let's assume that I also have a low income. How will the IRS know how much I get taxed if I am using a brokerage like Public, Webull or Robinhood?
Does it have to do with my SSN?
papabear570
•
4 yr. ago
1099.
[deleted]
•
4 yr. ago
The brokerage reports the transactions to the IRS. You get a copy of that report to include in your tax return along with your other income and deductions.
Sensitive_Wallaby
•
4 yr. ago
They get the data.
If you don’t report it they could audit you and come after you.
Why do you think they’re trying to pass this bill right now? The Bill
Which includes requiring banks to send info on all transactions of $600+
They’re coming for the tax evaders of the lower classes.
fluffman88
•
4 yr. ago
You get a print out (1099) and you gotta file it, because Robinhood does. So if they go oh this person has a 1099 from Robinhood and then you don't file it expect a notice.
SharksFan1
•
4 yr. ago
IRS knows because your broker reports to them using your SSN. Although if you have a low income, less thank $40K/year,
and your gains are long-term then you tax rate on your gains is 0%.
[deleted]
•
4 yr. ago
Your brokerage is sending all the data to the IRS
Chief_Rollie
•
4 yr. ago
Your brokers are required to send an informational return containing every trade you ever made in their brokerage to the IRS. It's called a 1099 and there are a bunch of different types. 1099-B is for your trading history and 1099-C is for cancellation of debt when you lose your ass on margin and they give up trying to collect from you.
u/Stofficer2 avatar
Stofficer2
•
4 yr. ago
FYI for those who don’t know cancellation of debt is seen as earned income to the IRS.
Motor_Somewhere7565
•
4 yr. ago
Unless you make stripper money and put a direct deposit under your mattress, they know.
TackleMySpackle
•
4 yr. ago
Your brokerage is nice enough to send you AND the IRS a copy of the appropriate 1095 forms.
[deleted]
•
4 yr. ago
Others have answered it, but it’s simple: your broker will, by law, report all of this to the IRS. When you fill out your taxes and the numbers don’t match, you become at risk of being audited.
895501
•
4 yr. ago
They get sent a 1099 form from your broker
[deleted]
•
4 yr. ago
A copy of your 1099 is always sent to the IRS by your broker
Instantkarmagonagetu
•
4 yr. ago
Yes, you will get a 1099-B from the brokerage company.
=======================================
---https://www.reddit.com/r/IRS/comments/1brzq99/how_will_the_irs_know/
from reddit.com->search ( how irs know tax )
Go to IRS
r/IRS
•
1 yr. ago
[deleted]
How will the IRS know?
General Question
Lets say I have a business. And I had a 300 usd meal with my family , But I put that on my tax form and say that meal was for my business
or...... if I expense office-supply which was for my kids and I lie and say that office-supply was for my business.
How will IRS know know the truth ? How does one get caught ?
Its-a-write-off
•
1 yr. ago
Random audits are meant to discourage most people being willing to take this risk.
The IRS uses some metric that can trigger an audit , like unusual meals expenses for your income and business.
The auditor would ask to see the receipt for the meal, and the notes about who was there and what business was discussed. One odd receipt with kids meals on it, might be fine. A pattern of business meals with no notes of who attended or what was discussed etc might get your meals deduction thrown out.
gk802
•
3 yr. ago
• Edited 3 yr. ago
IRS doesn't know what you owe (at least it doesn't know *exactly* what you owe, given there are many specialized credits and deductions
they don't track), but it does know how much you receive through your W2s and 1099s. They absolutely could pre-fill your return with
all this information, but Congress has been unwilling to give the IRS the money it needs to adequately staff itself and improve
its computing systems...many of which are running on code written in the 1960s. If you're good at COBOL and FORTRAN, you can have a career,
since most of the code writers are retired, if not deceased.
=========================================
---https://www.reddit.com/r/IRS/comments/10czzyu/how_does_w2_information_make_it_from_employers_to/
from reddit.com->search ( irs get w2 ) result 3
r/IRS icon
Go to IRS
r/IRS
•
2 yr. ago
Iheartnetworksec
How does W-2 information make it from employers to the IRS?
Tax Question
I've been waiting forever for my 2021 W-2 from my employer, where i've been a 7 year employee with the same company, never had an issue before, to show up on my IRS wage an income transcript. Just the other day I noticed that my SSA.gov account finally reflects my 2021 pay. Does this mean that the IRS wage and income transcript will also update in the near future?
Does SSA receive W-2s first then send that to the IRS? Or does the SSA and IRS receive seperate W-2 copies from the employer?
SufficientAd3865
•
2 yr. ago
The employer sends the W-2 information to the SSA. SSA then relays the information to IRS.
===================================================
---https://www.reddit.com/r/tax/comments/16kc8oq/i_received_my_w2_from_my_employer_the_irs_has_no/
from reddit.com->search ( irs get w2 ) result 4
Go to tax
r/tax
•
2 yr. ago
cookiemonsterslut
I received my W-2 from my employer. The IRS has no record of this w-2. Why?
Unsolved
I filled my taxes in February of this year. It is mid September and they have been held up since the beginning of this year.
The IRS finally contacted me at the end of august telling me that they cannot process my refund because they have no record of me working at this place. I thought that was really weird since I revived my w-2 from him.
Upon further personal investigation, I found that boss falsely reported my wages and the tax withheld.
Backstory:
Look, this was my first job that wasn’t a restaurant and I was 19 when I was working at this place. This was a really old rundown IT repair shop, it was out of this creepy rundown building surrounded by dirt and 4 auto shops. It was really dirty and clutter on the inside. I was paid $14/hr WITH A SECURITY +. But I had no experience to get better jobs so here I was taking a massive pay cut. I live in an area where the only IT jobs are on a government base which requires a lot prerequisites and I was fresh out of high school. I ended up running the entire place myself which was not agreed upon. Especially not for my wage and qualifications. He would pay me through Bill.com, which shows up as invoices instead of pay stubs. Important: he would also send my checks with the taxes already taken out.
The backstory was important to include how much of a scummy scammy place this was. Back to the question at hand:
When I gathered all the documents that the IRS needed, I found that my boss reported only taking $500 in taxes the entire time I worked there. He would take about $200 out in taxes each pay period. Which I’m assuming, if he didn’t report, he got to keep.
Did my boss commit fraud to the IRS? Why is there no record of me working there and why don’t they have a copy of my W-2 from him?
This is my first time filling taxes and what a nightmare. I’m still working with the IRS to get them what they need. But any answers or suggestions would be much appreciated.
CommissionerChuckles
•
2 yr. ago
Profile Badge for the Achievement Top 1% Poster Top 1% Poster
Employers file their copies of W-2 with the Social Security Administration, not directly with IRS. SSA then transmits the information to IRS.
If the employer e-filed the W-2 with the government by the end of January, then one possible reason it's not showing up at IRS is that your SSN wasn't entered correctly.
Another possible reason is that your employer printed out the W-2s and sent it to SSA, but it's sitting in a stack waiting to be scanned into the system. I don't know how long that takes, but it's a slow process.
Very rarely the W-2s are reported correctly but the information doesn't get transmitted from SSA to IRS correctly - you should check your online SSA account to see if the earnings show up in your record:
https://www.ssa.gov/myaccount/
As far as the amounts withheld from your paychecks, only some of the taxes withheld from your paychecks are income taxes. Social Security and Medicare taxes are also withheld, but usually don't affect the amount of a refund you may get. You also may have some state taxes. You should see the tax breakdown on any paystubs you have; Social Security is also called OASDI, and sometimes it's called FICA - SS.
===============================
---https://www.reddit.com/r/taxpros/comments/1hw0ziy/what_to_do_when_the_irs_claims_they_have_no/
from reddit.com->search ( irs get w2 ) result 10
r/taxpros icon
Go to taxpros
r/taxpros
•
3 mo. ago
adrianaesque
What to do when the IRS claims they have no record of a W-2, but the SSA website shows the W-2’s wages
SufficientAd3865
•
3 mo. ago
Currently dealing with this with a client regarding 2021. Advocate was no help. It’s absolutely crazy to me.
adrianaesque
•
3 mo. ago
I know right, isn't it insane??!?!?!?!?!? I have another client for whom I've been battling the IRS for almost 3 years... IRS claims he owes $20k for 2014, but his tax liability was already paid via Form 1099-R income tax withholding plus a small check for the remaining amount due when he filed his tax return back in 2015 - which the IRS received and cashed. His transcript literally shows the 1099-R forms with the income tax withholding.
It gets better: back in 2018, an IRS manager signed off on an internal document stating that his balance is $0. For whatever reason, a week later someone else reassessed the tax liability. And so now I have this giant mess to sort out. I've been working with TAS on this for the past 7 months. It's infuriating. The IRS has already filed a tax lien. I'm so pissed.
====================================================================
19 apr 2025 3:33 pm est :
---https://www.irs.gov/businesses/small-businesses-self-employed/tip-recordkeeping-and-reporting
from google ( waiter report tip ) result 1
Tip recordkeeping and reporting
Tips are discretionary (optional or extra) payments determined by a customer that employees receive from customers.
Tips include :
Cash tips received directly from customers.
Tips from customers who leave a tip through electronic settlement or payment. This includes a credit card, debit card, gift card or any other electronic payment method.
The value of any noncash tips, such as tickets or other items of value.
Tip amounts received from other employees paid out through tip pools, tip splitting, or other formal/informal tip sharing arrangement.
All cash and non-cash tips an received by an employee are income and are subject to Federal income taxes. All cash tips received by an employee in any calendar month are subject to Social Security and Medicare taxes and must be reported to the employer. If the total tips received by the employee during a single calendar month by a single employer are less than $20, then these tips are not required to be reported and taxes are not required to be withheld. Cash tips include tips received from customers, charged tips (for example, credit and debit card charges) distributed to the employee by the employee's employer and tips received from other employees under any tip-sharing arrangement. Tips also include tips received by both directly and indirectly tipped employees.
Employee responsibilities
As an employee who receives tips, you must do 3 things :
Keep a daily tip record.
Report tips to employer , unless total is less than 20 usd per month per employer.
Report all tips on income tax return.
Keep a daily tip record
Employees must keep a daily record of tips received. You can use Form 4070A, Employee's Daily Record of Tips, included in Publication 1244,
Employee's Daily Record of Tips and Report of Tips to Employer. In addition to the information asked for on Form 4070A, you also need to keep
a record of the date and value of any noncash tips you get, such as tickets, passes, or other items of value. Although you do not report
these tips to your employer, you must report them on your tax return.
Report tips to the employer, unless the total is less than $20 per month per employer
The Internal Revenue Code requires employees to report (all cash tips received except for the tips from any month that do not total at least $20)
to their employer in a written statement. Cash tips include tips received from customers, charged tips (for example, credit and debit card charges)
distributed to the employee by his or her employer, and tips received from other employees under any tip-sharing arrangement.
No particular form must be used; however, the statement must include :
Employee signature,
Employee's name, address, and Social Security number,
Employer's name and address (establishment name if different),
Month or period the report covers, and
Total of tips received during the month or period.
The employee may use any document that has the above elements such as Form 4070, Employee's Report of Tips to Employer, (available only in Publication 1244, a form that is provided by the employer or an electronic system provided by your employer to report your tips.
Both directly and indirectly tipped employees must report tips to the employer.
Report all tips on an individual income tax return
An employee must use Form 4137, Social Security and Medicare Tax on Unreported Tip Income, to report the amount of any unreported tip income to include as additional wages on their Form 1040, U.S. Individual Income Tax Return, or Form 1040-SR, U.S. Tax Return for Seniors, and the employee share of Social Security and Medicare tax owed on those tips.
When to report tips to your employer
Employees must report tips to the employer by the 10th of the month after the month the tips are received. For example, tips received by an employee in August 2020 are required to be reported by the employee to the employer on or before September 10, 2020. If the 10th falls on a Saturday, Sunday, or legal holiday, an employee may give the report to the employer by the next day that is not a Saturday, Sunday, or legal holiday. An employer may require employees to report tips more than once a month; however, the statement cannot cover a period of more than 1 calendar month.
Do not include service charges in your daily tip record
Charges added to a customer's check, such as for large parties, by your employer and distributed to you should not be added to your daily tip record. These additional charges your employer adds to a customer's bill do not constitute tips as they are service charges. These service charges are non-tip wages and are subject to Social Security tax, Medicare tax, and federal income tax withholding.
An employer's or employee's characterization of a payment as a "tip" is not determinative. Distributed service charges (often referred to as "auto-gratuities" by service industries) should be characterized as non-tip wages. Revenue Ruling 2012-18 reaffirms the factors which are used to determine whether payments constitute tips or service charges. Q&A 1 of Revenue Ruling 2012-18 provides that the absence of any of the following factors creates a doubt as to whether a payment is a tip and indicates that the payment may be a service charge:
The payment must be made free from compulsion;
The customer must have the unrestricted right to determine the amount;
The payment should not be the subject of negotiation or dictated by employer policy; and,
Generally, the customer has the right to determine who receives the payment.
See example below.
Example: Restaurant's menu specifies that an 18% charge will be added to all bills for parties of 6 or more customers. Dana's bill for food and beverages for her party of 8 includes an amount on the "tip line" equal to 18% of the price for food and beverages and the total includes this amount. Restaurant distributes this amount to the waitresses and bussers. Under these circumstances, Dana did not have the unrestricted right to determine the amount of the payment because it was dictated by employer policy. Dana did not make the payment free from compulsion. The 18% charge is not a tip. Instead, the amount included on the tip line is a service charge dictated by Restaurant.
Reporting tips allocated by your employer
If the total tips reported by all employees at a large food or beverage establishment (as defined below) are less than 8 percent of the gross receipts (or a lower rate approved by the IRS), then the employer must allocate the difference among the employees who receive tips. 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). Other tips not reported to the employer must also be reported on Form 4137. However, you do not need to report tips allocated to you by your employer on your federal income tax return if you have adequate records to show that you received less tips in the year than the allocated amount.
Employer responsibilities
The employer has multiple obligations regarding employee tip income including recordkeeping and reporting responsibilities, collecting taxes on tips, filing certain forms and paying or depositing taxes.
Employers are required to retain employee tip reports. Employers are also required to withhold taxes (including income taxes and the employee's share of Social Security tax and Medicare tax) based upon wages and tip income received by the employee and to deposit this tax. In addition, employers are required to pay the employer share of Social Security and Medicare taxes based on the total wages paid to tipped employees as well as the reported tip income. This information and tax are finally reported to the IRS on the appropriate forms by the employer.
Tips reported to the employer by the employee must be included in Box 1 (Wages, tips, other compensation), Box 5 (Medicare wages and tips), and Box 7 (Social security tips) of the employee's Form W-2. Enter the amount of any uncollected Social Security tax and Medicare tax in Box 12 of Form W-2. For more information, see the General Instructions for Forms W-2 and W-3.
Employers must report income tax, and Social Security tax and Medicare taxes withheld from their employees' wages and the employer share of Social Security and Medicare taxes on Form 941, Employer's Quarterly Federal Tax Return, and deposit these taxes pursuant to federal tax deposit requirements.
Most employers are also responsible for filing Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return, and depositing those taxes. Only the employer pays FUTA tax as it is not withheld from the employee's wages.
Employer share of Social Security and Medicare taxes on unreported tips
If an employee fails to report tips to his or her employer, then the employer is not liable for the employer share of Social Security and Medicare taxes on the unreported tips until notice and demand for the taxes is made to the employer by the IRS. The employer is not liable to withhold and pay the employee share of social security and Medicare taxes on the unreported tips.
For more information on the Section 3121(q) Notice and Demand, see Revenue Ruling 2012-18, which sets forth additional guidance on Social Security and Medicare taxes on tips.
Additional Medicare tax on tips
Beginning in 2013, a 0.9% Additional Medicare Tax applies to Medicare wages and an employer is required to withhold this Additional Medicare Tax on any Medicare wages or Railroad Retirement Tax Act (RRTA) compensation it pays to an employee in excess of $200,000 in a calendar year without regard to the employee's filing status. Additional Medicare Tax is only imposed on the employee. There is no employer share of Additional Medicare Tax.
All wages and compensation that are subject to Medicare tax are subject to Additional Medicare Tax withholding if paid in excess of the $200,000 withholding threshold. Tips are subject to Additional Medicare Tax withholding, if, in combination with other wages or other RRTA compensation paid by the employer, they exceed the $200,000 withholding threshold.
For more information, see Topic 560, Additional Medicare tax.
Distributed service charges
Service charges distributed to employees must be treated as wages to those employees. The employer must keep a record of the name, address, and Social Security number of the employee, the amount and date of each payment and the amount of income, Social Security, and Medicare taxes collected with respect to the payment.
In an examination, the IRS may ask the employer to demonstrate how sales subject to service charges are distinguished from sales subject to tipping. Examiners may ask for Point of Sale (POS) records, such as their summary reports regarding their sales transactions. To further validate the employer's procedures, examiners may sample daily receipts and ask the employer to walk through a complete transaction, from the customer's bill, to the POS transaction or sales journal, and trace it to payroll to validate how the distributed service charges were paid out to the employee.
Service charges retained by employer are income to the employer
Service charges are fees imposed upon customers by the employer; therefore, service charges are always income to the employer regardless of whether the employer distributes all or a portion of the service charges to employees. This is distinguished from "tips" which are voluntarily paid by customers to employees. Tips are not gross income to the employer.
An employer may distribute service charges (sometimes referred to as "auto-gratuities") collected from customers as it chooses and to any employee it chooses. The employer also has the option of retaining all or part of the service charges. Regardless of whether the service charges are distributed to employees, these amounts are gross income to the employer.
Note that the employer may be entitled to a business deduction regarding the service charges distributed to employees provided all the criteria for a business deduction under section 162 of the Internal Revenue Code is met.
Tip calculations on customer's check are not service charges
Sample tip calculations provided by the business are allowed on the customer's bill as indicated by Q&A 1 of Revenue Ruling 2012-18. See example below:
Example: Restaurant includes sample calculations of tip amounts beneath the signature line on its charge receipts for food and beverages provided to customers. The actual tip line is left blank. Jackie's charge receipt shows sample tip calculations of 15%, 18% and 20% of the price of food and beverages. Jackie inserts the amount calculated at 15% on the tip line and adds this amount to the price of food and beverages to compute the total. Under these circumstances, Jackie was free to enter any amount on the tip line or leave it blank; therefore, Jackie entered the 15% amount free from compulsion. Jackie and Restaurant did not negotiate the amount nor did Restaurant dictate the amount. Jackie generally determined who would get the amount. The amount Jackie entered on the tip line is a tip and not a service charge.
Voluntary tip compliance agreements
Voluntary tip compliance agreements have been established by the IRS for industries where tipping is customary such as the restaurant industry and casinos. These agreements are designed to enhance tax compliance among tipped employees and their employers through taxpayer education instead of through traditional enforcement actions, such as tip examinations. In addition to helping taxpayers understand and meet their tip reporting responsibilities, these agreements offer many benefits for the employer and the employee.
The Service currently offers employers the opportunity of entering into one of several types of voluntary tip compliance agreements:
TRAC – Tip Reporting Alternative Commitment
TRDA – Tip Rate Determination Agreement
GITCA – Gaming Industry Tip Compliance Agreement
The Market Segment Understandings program has voluntary tip compliance agreements available for industries where tipping is customary.
Treatment of amounts as service charges
Revenue Ruling 2012-18 was effective immediately upon publication and was applicable retroactively. However, under limited facts and circumstances with regard to amounts paid before January 1, 2014 which were improperly characterized as tips when they properly should have been characterized as service charges, Q&A 1 of Revenue Ruling 2012-18 may be applied prospectively under Announcement 2012-50. To the extent that Q&A 1 is applied without retroactive effect, an employer will not be required to pay any additional taxes.
In limited circumstances, some employers that have either a Gaming Industry Tip Compliance Agreement (GITCA) or a Tip Rate Determination Agreement (TRDA) may receive an extension beyond January 1, 2014. The IRS determined that employers participating in the GITCA Program or participating in a TRDA related to gaming may request one additional GITCA or TRDA contract term before the IRS applies Q&A 1 of Revenue Ruling 2012-18. The IRS requires the employers to agree that postponing the treatment of service charges consistent with Revenue Ruling 2012-18 does not make any service charge eligible for the section 45B credit under the Internal Revenue Code or inclusion on Form 8846, Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips.
Employers who operate large food or beverage establishments
File Form 8027
An employer who operates a "large food or beverage establishment" must file Form 8027, Employer's Annual Information Return of Tip Income and Allocated Tips, to make an annual report to the IRS for their receipts from food and beverages and tips employees reported to the employer. In addition, employers use Form 8027 to determine allocated tips for tipped employees. As an employer, you must file a Form 8027 for each large food or beverage establishment; therefore, some employers are required to file multiple Forms 8027.
A food or beverage operation is a large food or beverage establishment if all of the following apply:
Food or beverage operation is located in the 50 states or in the District of Columbia,
Food or beverages are provided for consumption on the premises (other than fast food operations),
Tipping of food or beverage employees by customers is a customary practice and
Employer normally employed more than 10 employees on a typical business day during the preceding calendar year (see the Instructions for Form 8027, to determine if you had more than 10 employees on a typical business day).
Allocating tips
If the total tips reported by all employees at a large food or beverage establishment are less than 8 percent of the gross receipts (or a lower rate approved by the IRS), then employer must allocate the difference among the employees who receive tips. These "allocated tips" are computed and reported on Form 8027. Employers show allocated tips on the employee's Form W-2 in the box 8 titled "Allocated tips." No income tax, Social Security or Medicare taxes are withheld on allocated tips.
FICA tip credit
Employers may be eligible to claim the Federal Insurance Contributions Act (FICA) Tip Credit. Find out how to identify which tips on you paid FICA tax and how to calculate and claim the credit.
Related
Withholding and reporting tips
=============================================
---https://www.reddit.com/r/Waiters/comments/195am37/question_for_waiterswaitresses_about_tips/
from reddit.com->search ( waiter report tip )
Go to Waiters
r/Waiters
•
1 yr. ago
Trxieexo
Question for waiters/waitresses about tips
So I just have a question for anyone who is a waiter or waitress, my dad always said tip in cash if you can because money gets taken
from the tip in their paycheck with taxes etc. So I always tip the amount that is standard for a tip in cash if I can, do yall prefer cash or card tips?
u/Entire_Profession_16 avatar
Entire_Profession_16
•
1 yr. ago
I prefer cash because I leave that day with it, credit card go on my check and I'm only paid monthly.
bizma87
•
1 yr. ago
Ive worked in restaurants for 18 years. Cash is always better! Even if they choose to report the cash and pay taxes on it
they will be able to take it home that night in most cases. Truthfully most don’t report cash.
ChipChippersonFan
•
1 yr. ago
Cash tips are better, but only for morally dubious reasons: It allows you lie to the IRS about how much money you make, and
it makes it easier to lie to any coworkers that you might be expected to tip out. Basically, it allows you to keep your income on the down-low.
Available_Rip_9770
•
1 yr. ago
Personally i perfer cash because of having to share credit card tips with bartenders, bussers and/ or food runners and I don’t have to share cash with them
=====================================================
9 may 2025 9:26 pm est :
irs.gov say 'An exempt organisation must make available for public inspection its annual information return (e.g., Form 990 , Form 990-EZ)'
in
---https://www.irs.gov/charities-non-profits/public-disclosure-and-availability-of-exempt-organization-returns-and-applications-public-disclosure-overview
from google ( non profit publish tax form ) result 2 -> ppl also ask -> Is the IRS Form 990 publicly available?
from https://www.reddit.com/r/nonprofit/comments/113vae1/is_this_allowed_for_a_nonprofit_to_do/ from maybe google ( what non profit can not do reddit )
simplified-text :
Public disclosure and availability of exempt organization returns and applications : Public disclosure overview
What are our organisation’s public disclosure obligations for Form 990 ?
An exempt organisation must make available for public inspection its annual information return (e.g., Form 990 , Form 990-EZ) .
Returns must be available for 3-year period beginning with due date of that return (including any extension of time for filing) or,
if later , the date it is actually filed . For this purpose , that return include any schedules and attachments that are filed with the form.
but , Note , that an exempt organization , other than private foundation , does not need to disclose name and address of any contributor .
An organisation is not required to provide a copy of its Form 990 if that organisation has made that form publicly available
(e.g., through Internet posting) , but must nevertheless make that form available for in-person inspection .
For more information on public disclosure requirements, see Form 990 instructions, Appendix D, Public Inspection of Returns PDF;
and Frequently Asked Questions.
The IRS Required Disclosures course explains disclosure requirements for tax-exempt organizations.
https://apps.irs.gov/app/eos/ publish usa-non-profit-organisation irs.gov-form-990 ,
example : select database 'copies of return' , search by 'organisation name' , search term 'iowa state university'
[source : Taylor R Campbell [riastradh@netbsd.org] reply to my email saying :
You can generally find a nonprofit's 990 filings via the IRS's web
site : https://apps.irs.gov/app/eos/
If you select `Search By: [Organization Name]' and enter `NetBSD
Foundation' as the search term, you'll come up with ours. ]