ST Alpha - "also, when you leave a tip on the card it's automatically counted as taxable income." (Reading a Post)

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In response to "Anybody claiming they leave a cash tip while charging the bill to credit is straight up lying. -- nm" by MDH

also, when you leave a tip on the card it's automatically counted as taxable income.

Posted by znufrii Jan 31 '13, 12:23

cash is under the table.

Responses:

Of course if you're making less than X a year, this is pretty much moot. -- nm - Qale Jan 31, 12:39
partially. when you tip in cash, the restaurant uses a formula against your gross sales to estimate tips for tax purposes. usually 12%, maybe 15%. - TFox Jan 31, 12:26 2
- that high? I thought it was 8% and vegas cocktail waitresses were pissed cause they often got cheaped -- nm - zeitgeist Jan 31, 12:28 1
  - could be 8% some places. just speaking about what i've seen. -- nm - TFox Jan 31, 12:29
That's why I do it. -- nm - Krusty Jan 31, 12:24

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