Veserr@sh.itjust.works to World News@lemmy.worldEnglish · 1 month agoWorld Cup fans frustrated by 'confusing and expensive' tipping culture in USwww.bbc.comAquileo | external-linkAquileo | message-square146Aquileo | linkAquileo | fedilinkAquileo | arrow-up1300Aquileo | arrow-down18cross-posted to: [email protected]
Aquileo | arrow-up1292Aquileo | arrow-down1Aquileo | external-linkWorld Cup fans frustrated by 'confusing and expensive' tipping culture in USwww.bbc.comVeserr@sh.itjust.works to World News@lemmy.worldEnglish · 1 month agoAquileo | message-square146Aquileo | linkAquileo | fedilinkcross-posted to: [email protected]
Aquileo | minus-squaretias@discuss.tchncs.deAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up5·1 month agoHold on. Is there no tax on the tip?
Aquileo | minus-squareteyrnon@sh.itjust.worksAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up3Aquileo | arrow-down1·1 month agoOnly as of the bill last year the president passed, but that no tax on tips, a campaign pledge, is temporary and will expire. I think after this year.
Aquileo | minus-squareUnrefinedChihuahua@lemmy.dbzer0.comAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up2·1 month agoOnly if the server reports it as income (in Canada, at least).
Aquileo | minus-squareteyrnon@sh.itjust.worksAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up2Aquileo | arrow-down1·1 month agoAlmost all tips are by credit card now in the US so most all of them you can’t underreport for taxes anymore.
Aquileo | minus-squareUnrefinedChihuahua@lemmy.dbzer0.comAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up1·29 days agoYeah good call, I did not think of that.
Aquileo | minus-squareredlemace@lemmy.worldAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up3Aquileo | arrow-down1·1 month agodeleted by creator
Aquileo | minus-squarefrongt@lemmy.zipAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up4Aquileo | arrow-down2·1 month agoAs of last year, for the most common scenarios, yes, up to $25,000. https://www.fidelity.com/learning-center/personal-finance/no-tax-on-tips
Aquileo | minus-squaretias@discuss.tchncs.deAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up2·1 month agoWell that explains why it’s so prevalent
Aquileo | minus-squarearchitect@thelemmy.clubAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up1·1 month agoWhats prevalent? Tips have been included in everything since covid.
Aquileo | minus-squaretias@discuss.tchncs.deAquileo | linkAquileo | fedilinkEnglishAquileo | arrow-up1·1 month agoTipping is prevalent.
Hold on. Is there no tax on the tip?
Only as of the bill last year the president passed, but that no tax on tips, a campaign pledge, is temporary and will expire. I think after this year.
Only if the server reports it as income (in Canada, at least).
Almost all tips are by credit card now in the US so most all of them you can’t underreport for taxes anymore.
Yeah good call, I did not think of that.
deleted by creator
As of last year, for the most common scenarios, yes, up to $25,000. https://www.fidelity.com/learning-center/personal-finance/no-tax-on-tips
Well that explains why it’s so prevalent
Whats prevalent? Tips have been included in everything since covid.
Tipping is prevalent.