Settings
Light Theme
Dark Theme

Working And Reporting Income

Working And Reporting Income
Apr 23, 2020 · 1m 23s

Working and Reporting Income You must report all of your hours worked and gross earnings each time you request payment. Work is any kind of service for pay, including, but...

show more
Working and Reporting Income
You must report all of your hours worked and gross earnings each
time you request payment. Work is any kind of service for pay,
including, but not limited to full-time, part-time, reduced hours,
temporary, contract, casual or day labor, side jobs, commission-only,
tips, paid training/orientation, and self-employment. There are no exceptions. Unreported
and underreported earnings may be considered fraud. Unreported earnings cause
overpayments that you must repay. See page 14.
Report your total gross earnings in the week you earned them, not when you are paid.
The workweek for reporting begins on Sunday and ends on Saturday. You must report:
■ Your total number of hours worked each week. Include your hours and gross
earnings for all your work.
■ Total gross earnings before deductions, not “take-home” pay.
■ Earnings in whole dollars. For example, if you earned $100.75, report $100 and
drop the 75 cents.
■ Your net profit, which is the amount above your expenses, if you are selfemployed. You must report hours worked each week, even if you have no net
profit.
Not yet paid?
If your employer has not yet paid you, calculate your gross earnings by multiplying the
number of hours you worked by your hourly pay, and report that amount to TWC when
requesting payment.
show less
Information
Author Kyle Souza
Website -
Tags

Looks like you don't have any active episode

Browse Spreaker Catalogue to discover great new content

Current

Looks like you don't have any episodes in your queue

Browse Spreaker Catalogue to discover great new content

Next Up

Episode Cover Episode Cover

It's so quiet here...

Time to discover new episodes!

Discover
Your Library
Search