Do you have to add W2 Box 7 tips to Box 3 Social Security Wages to allocate SS on tips in box 7? Do you have to pay SS on Box 7 tips amount and if so where to report it.

r4232 · ‎03-07-2022

Does Social Security tips in box 7 of W-2 still gets tax for SS tax of 6.20% and how to report the amount on tax return? example below

Box 1 of W-2 shows Wages and Tips amount for total wages: $10,000

Box 3 only shows Social Security Wages excluding tips amount and box 4 shows SS tax withheld: $8,000

Box 7 shows Social Security Tips amount: $2,000

Thanks,

RP2

Jim-from-Ohio · ‎03-07-2022

enter the w-2 just as shows, including the social security tips in that same box in PS.. you do not add it to any other box..