IRS releases guidance for Trump's 'no tax on tips' and overtime deductions: What to know

  • Posted on November 28, 2025
  • By Bing News
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IRS releases guidance for Trump's 'no tax on tips' and overtime deductions: What to know

The IRS released new guidance for no tax on tips and overtime deductions under the One Big Beautiful Bill Act. Eligible workers can claim up to $25,000 for tips and $12,500 for overtime.
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