Federal Tax Research 10th Edition by Roby Sawyers,William Raabe,Gerald Whittenburg,Steven Gill

Exercise 27

Lance asks you to explain why his employer, the Good Food Truck Stop, an establishment that employs more than 30 waiters and waitresses, included $2,400 in tip income on his Form W-2 for the year. Lance always has kept track of the tips he actually received, and he has reported them in full on his tax return.