Get Irs 8027 2018

The IRS 8027, also known as the Employer's Annual Information Return of Tip Income and Allocated Tips, is essential for employers to report tip income and allocated tips received by their employees. This guide provides a clear, step-by-step process for filling out the form online, ensuring compliance with IRS regulations.

Follow the steps to complete the IRS 8027 online.

1. Press the ‘Get Form’ button to acquire the form and open it in your chosen editor.
2. Enter the employer identification number in the designated field to identify your establishment.
3. Provide the name of the establishment as it is officially registered.
4. Indicate if this is an amended or final return by checking the appropriate box.
5. Input the number and street address where the establishment is located (do not use a P.O. box).
6. Select the type of establishment by checking one of the available options: evening meals only, evening and other meals, meals other than evening meals, or alcoholic beverages.
7. Complete the city or town, state, and ZIP code of the establishment.
8. Provide the employer's name as indicated in the instructions.
9. Enter the establishment number as required.
10. Indicate whether the establishment accepts credit cards, debit cards, or other charges by selecting 'Yes' or 'No' as applicable.
11. Fill in the total charged tips for the calendar year in the appropriate section.
12. Input the total charge receipts showing charged tips as stated in the instructions.
13. Report the total amount of service charges of less than 10% paid as wages to employees.
14. Complete the sections relating to the total tips reported by indirectly tipped and directly tipped employees.
15. Calculate the gross receipts from food and beverages, ensuring it is not less than the amount from the charge receipts.
16. Allocate tips as necessary, and provide the average number of employee hours worked per business day if applicable.
17. Enter the total number of directly tipped employees at the establishment during the calendar year.
18. Sign and date the form where indicated, confirming the accuracy and completion of the information provided.
19. After reviewing all entries, save the changes you made and choose to download, print, or share the completed form as needed.

Complete your IRS 8027 form online today to ensure accurate reporting and compliance.