- IRS Publication 531: Reporting Tip Income
- IRS Publication 1244: Employee’s Daily Record of Tips and Report to Employer
- Form 4070A: Employee’s Daily Record of Tips
Why YOU Should Care
If you receive income from tips, you are required to report them as part of your gross income for the year in which they are received. These tips are subject to federal taxation and, depending on your state of residence, may be taxed at the state level as well.