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said today, IRS Form 4070 may be used for this purpose.
New laws passed in 1965 re quire all employees receiving $20 or more in cash' tips*a month to report them to their employers by the 10th day of the following month. This tip income now counts toward So cial Security and Railroad Re tirement benefits, Mr. Boyle said that the Revenue Service has available upon request a pocket-sized booklet to help those taxpayers required by law to report income from tips to their employers every month. _
86.6%