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The New Tip Income Tax Deduction

The One Big Beautiful Bill Act (OBBBA) delivered on a long-promised tax break for service workers: a new above-the-line deduction that effectively eliminates federal income tax on tip income. If you earn tips as a direct service employee — restaurant servers, bartenders, hairstylists, rideshare drivers, hotel staff, and similar occupations — you may now deduct your reported cash and credit card tips from your taxable income.

To qualify, you must work in an occupation that customarily receives tips, and your tips must be reported to your employer (as required on Form 4070). Both cash tips and credit card tips count. The deduction is available whether you take the standard deduction or itemize. Importantly, income limits apply: the deduction phases out starting at $160,000 for single filers and $320,000 for married filing jointly.

One critical detail: while tip income is now exempt from federal income tax, it is still subject to Social Security and Medicare payroll taxes (FICA). Your employer will continue to withhold FICA on tips, and you will still see those amounts on your W-2. The deduction only applies to the income tax portion, not payroll taxes.

Example: A single-filer server earning $35,000 in base wages plus $18,000 in tips can deduct the full $18,000, potentially saving $2,160 at the 12% bracket. Payroll taxes of roughly $1,377 on the tips still apply.

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Tips Deduction Calculator

Estimate your tax savings from the OBBBA no-tax-on-tips deduction.

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Used to verify tipped-worker status

This calculator provides estimates for informational purposes only. Payroll tax calculations are simplified estimates. Consult a qualified tax professional for advice specific to your situation.

Earn tips and want to make sure you are claiming every deduction?

A tax professional can verify your tip reporting, calculate your exact savings, and help you avoid common pitfalls with the new provision.

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