How to qualify for the new $25,000 tip deduction on 2025 taxes [USA TODAY]
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Source: USA TODAY
The tax break on tip income is not automatic. You need to file a new form. The U.S. Treasury Department has a list of dozens of occupations that 'customarily and regularly received tips' that qualify for the new tax break. The IRS says a tip must be voluntary to be claimed as a deduction. Roughly 6 million people reported income from tips on federal income tax returns in the past — and you can bet they'll jump at the chance to see a bigger refund by claiming a new deduction on tip income on 2025 federal returns. We're talking about waitstaff, food servers, fast food and counter workers, barbers and hairdressers. And bakers, blackjack dealers, babysitters, bingo workers, cruise directors, clergy, cab drivers, lounge singers, disc jockeys at a club (not someone on a radio show), dancers, wedding photographers, personal trainers, locksmiths, bellhops, golf caddies, clowns, massage therapists, magicians, tattoo artists. And much more. The list is a long one but so, too, is th
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