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Treasury, IRS provide guidance for individuals who received . . . IR-2025-114, Nov 21, 2025 WASHINGTON — The Department of the Treasury and the Internal Revenue Service today issued guidance for workers eligible to claim the deduction for tips and for overtime compensation for tax year 2025 Notice 2025-69 PDF clarifies for workers how to determine the amount of their deduction without receiving a separate accounting from their employer for cash tips or
For ‘No Tax on Tips,’ the I. R. S. Gets Intimate - DCBOEE Under the new guidelines, tips earned by service industry employees—including waitstaff, bartenders, and delivery drivers—would be exempt from certain tax obligations This exemption is aimed at promoting fairness in taxation, particularly for workers who often rely on tips as a significant portion of their income
No Tax on Tips Approved for 2025: What to Know Now - Kiplinger By law, you have to report all your tips to your employer if they total $20 or more in a single month Your employer includes those tips in your paycheck calculations, withholding federal