New Tax Rule for Tips & Overtime — What You ACTUALLY Need to Know
Автор: Dave Zaegel
Загружено: 2025-11-10
Просмотров: 141
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In this episode, I’m unpacking a new tax rule that affects tips and overtime income. There’s been a lot of confusion around it — especially regarding when the tax benefit actually shows up. While there is a provision that allows certain tips and overtime income to be tax-free, you won’t see that benefit in your paycheck. It will all be handled when you file your tax return.
There are income limits, reporting rules that are still unclear, and we're waiting on further guidance from the IRS — so for now, it’s important to track your tips and overtime carefully and keep realistic expectations about how this will show up in your tax season.
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