Stimulus Checks

[TiltonBB]

No accusation here and no knowledge of this situation: But many people in jobs that rely heavily on tips do not report ALL of their income for tax purposes. (There's a surprise!)

That may save when it comes to paying taxes but doesn't help when something like a stimulus check is based on the income reported on the tax return. That is an example of "gaming the system" that didn't work out.

Again, I do not know what applies in this situation.

[Hillcountry]

Originally Posted by TiltonBB

No accusation here and no knowledge of this situation: But many people in jobs that rely heavily on tips do not report ALL of their income for tax purposes. (There's a surprise!)

That may save when it comes to paying taxes but doesn't help when something like a stimulus check is based on the income reported on the tax return. That is an example of "gaming the system" that didn't work out.

Again, I do not know what applies in this situation.

Absolutely! I do believe tips are a huge part of income in many professions.
I usually give my dog groomer$20-$25 for a $45 grooming...I have heard over the years that women tip generously for salon work as well. I always tip waitresses well more than 20%. I don’t know what my daughters tip “income” was but I agree with your comments.