Which form is used by employees to report tips received to their employer?

The form used by employees to report tips received to their employer is the 4070. This form, known as the "Employee's Report of Tips," is specifically designed for individuals who work in positions where tipping can be a substantial part of their income. Employees should record daily tips received on this form, which helps employers accurately report these amounts for payroll and taxation purposes.

Using the 4070 ensures that tips, which are considered income, are documented and included in the employee's taxable earnings. This is particularly important because tips can significantly affect an employee's overall income, and proper reporting is essential for compliance with tax regulations.

The other forms listed do not serve this specific purpose. A W-2 is the annual wage and tax statement employers provide to employees, summarizing their earnings and taxes withheld, but it does not specifically address the reporting of tips. The 1099-R is used for reporting distributions from pensions, annuities, retirement plans, or insurance contracts, while the 2159 is related to agreements between employers and employees about an employee’s claim for tips and isn’t used for direct reporting of tips by employees.