No it’s a deduction on personal income taxes for up to $25,000 in tip income, ne... | Hacker News

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		sgerenser 3 months ago \| parent \| context \| favorite \| on: TurboTax’s 20-year fight to stop Americans from fi... No it’s a deduction on personal income taxes for up to $25,000 in tip income, newly added by Trump’s “Big Beautiful Bill.” https://www.thetaxadviser.com/news/2025/sep/details-on-irs-p...

rtkwe 3 months ago [–]

Ok I just got confused because there is such a think as the "tip tax credit" as well which is an employeer side tax credit for tips above the catchup required to hit the true minimum wage.

https://www.irs.gov/businesses/small-businesses-self-employe...

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