I forgot to report my tip income to my employer, but I remembered to report it on my federal income tax return. ... If you do not report your tip income to your employer, but you do report the tip income on your federal income tax return, you may owe a 50% social security and Medicare ... If I report all my tips but my taxes on the tips are greater than my pay from my employer, how do I pay the remaining taxes?
|Title||:||Tips on Tips, a Guide to Tip Income Reporting for Employees in the Food and Beverage Industry|