Form 4070

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Get your Form 4070 in 3 easy steps

  • 01 Fill and edit template
  • 02 Sign it online
  • 03 Export or print immediately

What Is Form 4070?

Form 4070 or Employee’s Report of Tips to Employer is a tax document required to report tips an employee receives to their employer. This includes cash tips, tips got from other workers, and debit and credit card tips. If you directly work with customers and receive gratuities from them, you need to fill out this form.

Form 4070 screenshot

What do I need form 4070 for?

  • If tips compensate you, and they exceed $20 per month, you need to report the sum to your employer;
  • Regardless of whether you earn tips in cash directly from clients, through a tip-sharing program, or via a credit/debit card, you need to fill out this form.

With all that said, you’re going to need this form at the end of the year when filing your Employer’s Quarterly Federal Tax Return (Form 941) and reporting your employee’s earnings to the Social Security Administration.

How to Fill Out Form 4070

  1. Look for a blue Fill this form button located on this very page. Press it, and you will be redirected to a fillable template.
  2. In the blue fillable fields, provide your name, address, SSN (Social Security Number), and your employer’s name and address.
  3. Indicate the timeframe under the report. 
  4. There are four lines with cash tips you received, credit and debit card tips earned, tips paid out, and net tips. Provide the sum in each category. To calculate net tips, you should sum up lines 1 and 2 and subtract the number from line 3.
  5. Put your signature (there is a specialized Signature tool for this purpose) and the current date.
  6. Now you can upload the form on your PC or share it with your employer by pressing the Share button on the upper toolbar.

Signing form 4070 steps

By making the most of PDFLiner, you’re free to find, fill out, print out, or download form 4070, depending on your current purposes and preferences. Overall, the 4070 form PDF completion is pretty much self-explanatory, especially the very first section.

In case you find it challenging to fill out the form under your own steam, don’t hesitate to contact your bookkeeper for professional assistance. Don’t forget to leave your signature and date the report when you’re through.

Here’s what you should indicate in your fillable form 4070 when completing it online:

  • the employee’s personal data (name, address);
  • their social security number;
  • how much tip income they received within the current month.

What does a properly filled out 4070 form look like

To ensure that you completed the form accurately and without mistakes, check if it contains your name, address, Social Security Number, the tax month under the report, and the tips you received. The biggest section must contain your employer’s name and address. Note that the document isn’t considered valid until you sign it.

All this data is situated on the first page of the blank. The second page describes the purpose of the document, and there are no fillable sections for you to complete. Check the important data about the due date till which you have to report your taxes to the employer (it is the tenth day of the following month unless it is a weekend or a holiday).

Where to Send Form 4070

You must report your tips every month, no matter your wages for the year. You can conveniently fill this form online using the PDFLiner’s service or the IRS official website. When the document is ready, check it for accuracy. Now you can send the form to your employer.

You can do it via email or handle it manually, but in the second case, you have to print it out beforehand. Since the world is getting more and more digital nowadays, the online method is considered more convenient (this way, you can also keep the form for personal storage on your PC and save paper along the way).

Organizations that work with form 4070

  • Internal Revenue Service (IRS)
  • Social Security Administration.

Fillable online Form 4070
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