top of page

No Tax on Tips – How Does that Work?

If you make under 150K single or 300K joint and work in normally-tipped industries, then you might not have to pay tax on tips reported to you on a W-2, 1099, or other tax-reporting form.  The deduction is 25K per person if they qualify.  This is effective for all of 2025.

ree

 
 
 

Comments


bottom of page