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Trump, tax on tips

The Wall Street Journal on MSN · 10h

Trump Promised ‘No Tax on Tips.’ Then Came the Fine Print.

The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips entirely.

USA TODAY on MSN · 3d

Trump's 'no tax on tips' is getting close to the finish line. Here's how it will work.

The Senate narrowly approved Trump's tax bill, which includes a provision that would make his “no tax on tips” campaign promise a reality.

Kiplinger on MSN · 15h

New 'No Tax on Tips' Bill Approved for 2025: What to Know Now

Note: Now that the No Tax on Tips measure has been signed into law, the new tax deduction for cash tips takes effect for the 2025 tax year. That means eligible workers could claim the deduction when they file their taxes in early 2026 for income earned in 2025. Despite the excitement over this change, there are some things the OBBBA doesn’t cover.

3d

Congress passes Trump's 'Big Beautiful Bill.' When will no tax on tips, overtime start?

The final version of the bill will allow workers to deduct up to $25,000 in tips and up to $12,500 ($25,000 in the case of a ...

2don MSN

Trump Claims Bill ‘Eliminates’ Taxes On Social Security — Here’s Why That’s False

The Social Security Administration reportedly sent out an email claiming the policy bill “eliminates federal income taxes on ...

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