Get Irs 8846 2022-2025

Filling out the IRS 8846 form is essential for certain food and beverage employers to claim a credit for employer social security and Medicare taxes paid on employee tips. This guide provides clear steps to complete the form online, ensuring a smooth filing experience.

Follow the steps to successfully complete the IRS 8846 form online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your identifying number and the names shown on the return in the designated fields at the top of the form.
3. For line 1, input the total tips received by employees for which you have paid or incurred employer social security and Medicare taxes during the tax year.
4. Next, enter the amount of tips not subject to credit provisions on line 2. If all tipped employees earn wages at or above $5.15 an hour, enter zero.
5. On line 3, calculate the creditable tips by subtracting the total from line 2 from the total on line 1.
6. Multiply the amount from line 3 by 7.65% (0.0765) and enter this figure on line 4. If any employee's wages and tips exceeded the 2023 limit of $160,200, check the box and follow the instructions for the proper calculation.
7. If applicable, on line 5, report the total credit for employer social security and Medicare taxes from partnerships and S corporations.
8. Finally, add lines 4 and 5 together on line 6. Ensure that this amount is reported correctly according to the type of business entity you operate.
9. After reviewing your entries for accuracy, save changes, download, print, or share the completed form as required.

Complete your IRS 8846 form online today to ensure you claim your credit correctly.