Form 8846: Credit for Social Security, Tips & Medicare Taxes

8846 tip credit IRS Form 8846, officially known as the "Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips," allows employers to claim a credit against their federal tax liability for the employer portion of FICA taxes paid on tips received by employees..

8846 tip credit  Our IRS Form 8846 instructions walk you through the calculations needed to claim the FICA tip credit and complete the form.

8846 credit  Complete Form 8846, Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips, and, in most cases, attach this form to your tax return to claim the credit.