IRS Form 8846 "Credit for Employer Social Security and Medicare Taxes ...-2026

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  1. Click ‘Get Form’ to open IRS Form 8846 in our platform's editor.
  2. Begin by entering your identifying number and the name(s) shown on your return at the top of the form.
  3. In Line 1, input the total tips received by employees for which you paid or incurred employer social security and Medicare taxes during the tax year.
  4. For Line 2, calculate any tips not subject to credit provisions. If all tipped employees earned at least $5.15 an hour, enter zero.
  5. Subtract Line 2 from Line 1 to find your creditable tips and enter this amount in Line 3.
  6. Multiply the amount in Line 3 by 7.65% (0.0765) for Line 4. If applicable, check the box indicating any employee's wages exceeded $147,000.
  7. Add any amounts from partnerships or S corporations in Line 5 and report totals as instructed for Line 6.

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