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Form 4137 Department of the Treasury Internal Revenue Service (99) Social Security and Medicare Tax on Unreported Tip Income OMB No. 15450074 Information about Form 4137 and its instructions is at.

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Related content

Form 4137 - Internal Revenue Service
Purpose of form. Use Form 4137 only to figure the social security and Medicare tax owed on...
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Form 4137 - Internal Revenue Service
Enter the amount from line 5 (Form 4137) above. 1. Cat. No. 12626C. OMB No. 1545-0074...
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W2Notice Instructions - UserManual.wiki
On Form 4137 you will calculate the social. security and Medicare tax owed on the...
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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 ...

You must keep a running daily log of all your tip income. You can use Publication 1244, Employee's Daily Record of Tips and Report to Employer, to record your tip income for one year. Publication 1244 includes Form 4070, Employee's Report of Tips to Employer, and Form 4070A, Employee's Daily Record of Tips.

Tip income is taxable and must be reported | Internal Revenue Service.

Employers with tipped employees have payroll tax withholding, payment, and reporting responsibilities for tips that are considered taxable compensation. Some employers will qualify as large food and beverage establishments and may be subject to special tip allocation and reporting rules.

Add lines 11 and 12 together, and enter the total on Line 13. This is the additional Social Security and Medicare tax you need to pay for the tips you didn't report. You must also enter the figure on Line 5 of Schedule 2 of your Form 1040 tax return.

Generally, you must report all tips you received in 2022 on your tax return including both cash tips and noncash tips. Any tips you reported to your employer as required in 2022 are included in the wages shown in box 1 of your Form W-2. Add to the amount in box 1 only the tips you didn't report to your employer.

About Form 4137, Social Security and Medicare Tax On Unreported Tip Income | Internal Revenue Service.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232