Description
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 Form 8846 allows eligible food and beverage employers to claim a credit for social security and Medicare taxes paid on employees' tips. This eventually supports compliance with IRS regulations and minimizing tax liability.
8846 credit Certain food and beverage employers use Form 8846 to claim a credit for Social Security and Medicare taxes paid or incurred by the employer on certain employees’ tips.