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Tip Reporting on Tax Form W-2 Short

YouTubeTax, Life & Finances

Tip Reporting on Tax Form W-2 Short

How to read, understand and enter tax form w-2 into Tax Software, such as TurboTax, TaxSlayer, TaxFreeUSA, with typical W-2 form items. Box 7 on the W-2 form reports the tips you directly reported to your employer, which are included in Box 1 as part of your taxable income. In contrast, Box 8 shows allocated tips, which are tips your employer ...

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