Tip Reporting Alternative Commitment (TRAC) Agreement for Use in the Cosmetology and Barber Industry

OMB 1545-1529

OMB 1545-1529

Information is required by the Internal Revenue Service in its compliance efforts to assist employers and their employees in understanding and complying with section 6053(a), which requires employees to report all their tips monthly to their employers.

The latest form for Tip Reporting Alternative Commitment (TRAC) Agreement for Use in the Cosmetology and Barber Industry expires 2023-08-31 and can be found here.

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