Question: Eva earned $ 8 9 in tips in March. When must the employer be informed of these tips on Form 4 0 7 0 for

Eva earned $89 in tips in March. When must the employer be informed of these tips on Form 4070 for federal income tax and FICA withholding purposes?
Question 5 options:
April 10.
April 30.
March 31.
Tips are not subject to payroll taxes if less than $90 in any one month.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!