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PCB66

(132 posts)

7. My son makes quite a bit of money in tips

Reply to Figarosmom (Original post)

Thu Apr 16, 2026, 04:34 PM

Thursday

He is a Sommelier at a high end restaurant. He paid about $4,000 less in Federal Income Taxes this year because of the $25K deduction. He is a working guy that serves rich people. By the way, rich people tip generously.

Nowadays $4K is not a tremendous amount of money but that helped to add to our granddaughter's college fund.

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Ohh That's Rich - no tax on tips scam [View all] Figarosmom Thursday OP

This message was self-deleted by its author PeaceWave Thursday #1

Did anyone really think it would apply to FoxNewsSucks Thursday #2

I'd hardly say that the people who are eligible for this particular deduction are rich. Ms. Toad Thursday #4

This message was self-deleted by its author PeaceWave Thursday #5

Thanks for the correction! Ms. Toad Thursday #8

Apples and oranges. Ms. Toad Thursday #3

I don't think its a dollar per dollar deduction of $25k. Solomon Thursday #6

It's a full deduction of the tip income up to 25,000. Ms. Toad Thursday #9

My son makes quite a bit of money in tips PCB66 Thursday #7

+ how much did the 0.5% percent like dim donnie get? pansypoo53219 Thursday #10