129k views
1 vote
Tips are considered _____.
dividends
taxable income
gains
a bonus

User Starlocke
by
8.8k points

2 Answers

3 votes

the answer is taxable income

User Dmitrii Sorin
by
8.7k points
0 votes
Tips are considered taxable income.
Although they are a bonus that you get from your customers, on top of your paycheck, you still have to pay a tax on your tips given that in America, tips are considered to be a type of income. You'd get a dividend from a company, not from customers. Gain is just another word for profit.
User Peter Olsson
by
7.3k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories