How to Qualify for the New $25,000 Tip Deduction on 2025 Taxes

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…