Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

If tips are no longer taxed, does that mean that they no longer count towards medicare, sick pay, pensions and such?


It's structured as a federal income tax deduction, capped at $25k, and does not reduce reportable payroll or gross income.

https://www.congress.gov/bill/119th-congress/house-bill/1/te...


Surely. Nothing kind is done for kindness' sake by these cretins.


They abolished all those things so the question is moot.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: