TTOC Code TR04: Charter Boat Crew — W-2 Box 14b Reporting Guide
TTOC code TR04 is the Treasury Tipped Occupation Code for Charter Boat Crew positions, classified under the Transportation category. This code must appear in Box 14b of the employee's W-2.
When to Use Code TR04
Assign TTOC code TR04 to any employee whose primary tipped role is Charter Boat Crew. If an employee works multiple tipped positions, use the code for the role where they earn the most tip income.
What to Track for Charter Boat Crew Employees
For each pay period, record:
- Cash tips — reported by the employee (Form 4070 or your own reporting system)
- Credit card tips — from your POS system or payment processor
- Mandatory service charges — auto-gratuity, service fees, etc. (these are NOT qualified tips)
- Overtime hours — hours over 40/week for the 0.5x premium calculation
W-2 Reporting
- Box 12, Code TP: Year-to-date qualified tip total (cash + CC tips only)
- Box 12, Code TT: Year-to-date qualified OT premium (overtime hours × hourly rate × 0.5)
- Box 14b: TR04
Related Codes in Transportation
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