FICA Tip Credit for employers | Internal Revenue Service

8846 credit Our IRS Form 8846 instructions walk you through the calculations needed to claim the FICA tip credit and complete the form..

8846 credit  Certain food and beverage employers (see Who Should File below) use Form 8846 to claim a credit for social security and Medicare taxes paid or incurred by the employer on certain employees’ tips.

8846 tip credit  This content is intended to provide thorough and useful knowledge about Form 8846 and the related Medicare as well as Social Security for employers’ Credit. The information attempts to give users understandable and accessible guidance so they can make use of the credit’s benefits. This content strives to equip employers with the information and resources required to correctly complete Form ...