My client is a waitress who receives tips. She also must "tip out" some of her tips to the bus help. However, her employer doesn't reduce her reported tips on her W2. As a result, she is over reporting her tip income.
Is there a way to reduce the tips on her tax return? Even though her W2, box 7 shows she received $XXX in tips?
Is there a way to reduce the tips on her tax return? Even though her W2, box 7 shows she received $XXX in tips?
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