MJ Blog

August 2019 Individual Due Dates

August 12 - Report Tips to Employer

If you are an employee who works for tips and received more than $20 in tips during July, you are required to report them to your employer on IRS Form 4070 no later than August 12. Your employer is required to withhold FICA taxes and income tax withholding for these tips from your regular wages. If your regular wages are insufficient to cover the FICA and tax withholding, the employer will report the amount of the uncollected withholding in box 12 of your W-2 for the year. You will be required to pay the uncollected withholding when your return for the year is filed.

Share this article...

NEVER MISS A STORY.

Sign up for our newsletters and get our articles delivered right to your inbox.

I confirm this is a service inquiry and not an advertising message or solicitation. By clicking “Submit”, I acknowledge and agree to the creation of an account and to the and .
I consent to receive SMS messages

5 Warning Signs For ERC Audit

Download our free eBook – "ERC Compliance Check: 5 Warning Signs for Potential Audits"

Download the Free Guide
Enter your details to get your free copy

By signing up, you agree to our Terms, Data Policy and Cookies Policy.

Social Media

MJ Tax Relief Group

6001 River Road, Suite 315
Columbus, Georgia 31904