Veserr@sh.itjust.works to World News@lemmy.worldEnglish · 5 天前World Cup fans frustrated by 'confusing and expensive' tipping culture in USwww.bbc.comexternal-linkmessage-square145linkfedilinkarrow-up1298arrow-down19cross-posted to: world@lemmy.worldnews@lemmy.world
arrow-up1289arrow-down1external-linkWorld Cup fans frustrated by 'confusing and expensive' tipping culture in USwww.bbc.comVeserr@sh.itjust.works to World News@lemmy.worldEnglish · 5 天前message-square145linkfedilinkcross-posted to: world@lemmy.worldnews@lemmy.world
minus-squaretias@discuss.tchncs.delinkfedilinkEnglisharrow-up5·5 天前Hold on. Is there no tax on the tip?
minus-squareteyrnon@sh.itjust.workslinkfedilinkEnglisharrow-up3arrow-down1·5 天前Only as of the bill last year the president passed, but that no tax on tips, a campaign pledge, is temporary and will expire. I think after this year.
minus-squarefrongt@lemmy.ziplinkfedilinkEnglisharrow-up4arrow-down2·5 天前As of last year, for the most common scenarios, yes, up to $25,000. https://www.fidelity.com/learning-center/personal-finance/no-tax-on-tips
minus-squaretias@discuss.tchncs.delinkfedilinkEnglisharrow-up2·4 天前Well that explains why it’s so prevalent
minus-squarearchitect@thelemmy.clublinkfedilinkEnglisharrow-up1·4 天前Whats prevalent? Tips have been included in everything since covid.
minus-squareUnrefinedChihuahua@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·5 天前Only if the server reports it as income (in Canada, at least).
minus-squareteyrnon@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down1·5 天前Almost all tips are by credit card now in the US so most all of them you can’t underreport for taxes anymore.
Hold on. Is there no tax on the tip?
Only as of the bill last year the president passed, but that no tax on tips, a campaign pledge, is temporary and will expire. I think after this year.
As of last year, for the most common scenarios, yes, up to $25,000. https://www.fidelity.com/learning-center/personal-finance/no-tax-on-tips
Well that explains why it’s so prevalent
Whats prevalent? Tips have been included in everything since covid.
Tipping is prevalent.
Only if the server reports it as income (in Canada, at least).
Almost all tips are by credit card now in the US so most all of them you can’t underreport for taxes anymore.
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