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  • How are tipped employees taxed 2024?

    employee taxes taxes

    Questioner:Benjamin Jackson 2023-06-06 06:31:58
The most authoritative answer in 2024
  • Lucas Taylor——Works at the International Monetary Fund, Lives in Washington, D.C., USA.

    If your employee does make more than $20 in tips per month, you are responsible to withhold income, Social Security, and Medicare taxes on reported tips. You are also required to pay the employer's portion of FICA and FUTA taxes on the tips.Sep 5, 2013read more >>
    +119962023-06-13 06:31:58

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