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IRS Releases 2017 Form for Tip Reporting

Posted on October 16 2017 05:15 PM

Form Used by Large Food or Beverage Establishments

The IRS recently released its 2017 Form 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips. Form 8027 generally must be filed by employers who operate large food or beverage establishments. A large food or beverage establishment is a food or beverage operation:

  • That is located in the 50 states or in the District of Columbia;
  • Where tipping of food or beverage employees by customers is customary; and
  • Whose employer normally employed more than 10 employees on a typical business day during the preceding calendar year. 

Form 8027 (and Form 8027-T when filing more than one paper Form 8027) must be filed by February 28, 2018. However, if an employer files electronically, the due date is April 2, 2018. Employers required to file 250 or more Forms 8027 must file electronically, although the IRS encourages all filers to do so.

Click here for more information and instructions. 

Our Employment Taxes section features summaries of various employment taxes and related resources from the Internal Revenue Service.