Internal Revenue Service United States Department of the Treasury
Module 2: Wage and Tip Income

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Objectives:

In this tax tutorial, you will learn about wages and tip income.


You will learn:

  • Unless specifically excluded, all wages, salaries, commissions, and bonuses are taxable.
  • All tip income is taxable and needs to be reported.
  • Employers report wage and tax information on Form W-2, Wage and Tax Statement
  • Employees use Form W-2 to complete their individual income tax returns.

"Complete this tax tutorial so you can move onto the Simulation and Assesment"

~Tina The Tax Tutor

Hint: Tina the Tax Tutor will provide information and tips as you go

 

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Tax Tutorial