The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Lawmos: Is There Any IRS Reg Defining Tips vs Wages?
Poast new message in this thread
Date: May 21st, 2025 5:37 PM Author: pearly rough-skinned spot (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951846) |
Date: May 21st, 2025 5:39 PM Author: laughsome location of course there is (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951849) |
 |
Date: May 21st, 2025 5:40 PM Author: pearly rough-skinned spot link? (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951852) |
|
Date: May 21st, 2025 5:47 PM Author: laughsome location https://letmegooglethat.com/?q=irs+tip+wage
if you're asking whether there are irs regs defining tips versus wage the answer is no because right now there is no reason to because they are both just considered ordinary income like anything else
edit: actually there are some definitions because it matters for FICA
Section 3121(a) of the Code defines “wages” for FICA tax purposes as all remuneration for employment, with certain exceptions. Section 3121(a)(12)(A) excludes from the definition of wages tips paid in any medium other than cash; section 3121(a)(12)(B) excludes cash tips received by an employee in any calendar month in the course of the employee’s employment by an employer unless the amount of the cash tips is $20 or more.
https://www.law.cornell.edu/uscode/text/26/3121 |
|
Date: May 21st, 2025 7:59 PM Author: rambunctious public bath gaping but what if customers just think you're pretty and they like to give you a gift of 20 dollars? (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48952173) |
|
Date: May 21st, 2025 5:45 PM Author: claret exhilarant shrine Can independent contractors classify all their pay as "tips"? (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951864) |
|
Date: May 21st, 2025 5:49 PM Author: filthy pungent set Attorney’s fees are basically tips imo (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951872) |
|
Date: May 21st, 2025 6:04 PM Author: Frisky garrison macaca if you don't have a tip line on your retainer in 2025 ur completely insane (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951893) |
|
Date: May 21st, 2025 7:24 PM Author: filthy pungent set (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48952079) |
|
Date: May 21st, 2025 8:07 PM Author: Red dilemma double fault Tips paid to lawyers are excluded and remain taxable (not flame) (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48952183) |
|
Date: May 21st, 2025 8:19 PM Author: pearly rough-skinned spot what about fired litigators working as baristas?
asking for a friend |
|
Date: May 21st, 2025 5:51 PM Author: Angry Feces Liquid Oxygen just make receipts with a $1 service fee and put the rest on the tip line. (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951874) |
|
Date: May 21st, 2025 5:54 PM Author: claret exhilarant shrine One weird trick! (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951878) |
|
Date: May 21st, 2025 6:27 PM Author: pearly rough-skinned spot (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48951930) |
|
Date: May 21st, 2025 7:48 PM Author: Red dilemma double fault Then watch me pay only the $1... (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48952142) |
|
Date: May 21st, 2025 7:54 PM Author: Angry Feces Liquid Oxygen scumbags fear him! (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48952155) |
|
Date: May 21st, 2025 9:21 PM Author: Startled Point (http://www.autoadmit.com/thread.php?thread_id=5728577&forum_id=2Elisa#48952352) |