what is gratuity ? AND WHAT IS THE FORMULA TO CALCULATE IT ?

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what is gratuity ? AND WHAT IS THE FORMULA TO CALCULATE IT ?

TERM ABOUT WAGES

2007-05-13 06:52:44 · 4 answers · asked by chetan t 1 in Politics & Government ➔ Government

4 answers

A gratuity (means 'gift') usually means a tip. If you're in a job that traditionally involves tips, figure 15 - 20%. If you're expected to kick back some of your tips to the head waiter, manager, local mafiosi or the minister, you can deduct that amount only if you report to whom you paid the kickbacks and provide them with a 1099 tax form.

2007-05-13 06:59:04 · answer #1 · answered by squeezie_1999 7 · 0⤊ 0⤋

Gratuity=tipping.I tip 20% of the total amount of the check.

2007-05-13 13:59:57 · answer #2 · answered by gerdie65 5 · 0⤊ 0⤋

Fancy word for a tip....usually 10 to 25% depending on what it's for.

2007-05-13 13:57:07 · answer #3 · answered by lordkelvin 7 · 0⤊ 0⤋

tips 20%

2007-05-13 13:56:15 · answer #4 · answered by 007 4 · 0⤊ 0⤋