A SMALL HAIR SALON REPORTS AS A PARTNERSHIP. THERE IS NO INFORMATION ON THE 106+5 k-1 FOR TIP INCOME INCLUDED IN ORDINARY INCOME. hOW ARE THE TIPS INPUT AND REPORTED ON THE FORM 1040
A partnership just report tips as income, and included on the K1. Partners do not get to deduct tips unless they work for the partnership and receive a W2.
