No Tax on Tips: How to Deduct Up to $25K of Your Income

Underreporting of cash tips was once a loosely-kept secret in service industries. Now, workers can accurately report their tips without paying federal income tax.

# No Tax on Tips: How to Deduct Up to $25K of Your Income Underreporting of cash tips was once a loosely-kept secret in service industries. Now, workers can accurately report their tips without paying federal income tax. **Read the full article:** [Money.com](https://money.com/no-tax-on-tips-eligibility-start-date/?xid=moneyrss) *This article was originally published by Money.com. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*