Veserr@sh.itjust.works to World News@lemmy.worldEnglish · 2 months agoWorld Cup fans frustrated by 'confusing and expensive' tipping culture in USwww.bbc.comexternal-linkmessage-square147linkfedilinkarrow-up1301arrow-down19cross-posted to: world@lemmy.worldnews@lemmy.world
arrow-up1292arrow-down1external-linkWorld Cup fans frustrated by 'confusing and expensive' tipping culture in USwww.bbc.comVeserr@sh.itjust.works to World News@lemmy.worldEnglish · 2 months agomessage-square147linkfedilinkcross-posted to: world@lemmy.worldnews@lemmy.world
minus-squaretias@discuss.tchncs.delinkfedilinkEnglisharrow-up5·2 months agoHold on. Is there no tax on the tip?
minus-squareredlemace@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down1·2 months agodeleted by creator
minus-squareUnrefinedChihuahua@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up2·2 months agoOnly if the server reports it as income (in Canada, at least).
minus-squareteyrnon@sh.itjust.workslinkfedilinkEnglisharrow-up2arrow-down1·2 months agoAlmost all tips are by credit card now in the US so most all of them you can’t underreport for taxes anymore.
minus-squareUnrefinedChihuahua@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up1·1 month agoYeah good call, I did not think of that.
minus-squarefrongt@lemmy.ziplinkfedilinkEnglisharrow-up4arrow-down2·2 months 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
minus-squaretias@discuss.tchncs.delinkfedilinkEnglisharrow-up2·2 months agoWell that explains why it’s so prevalent
minus-squarearchitect@thelemmy.clublinkfedilinkEnglisharrow-up1·2 months agoWhats prevalent? Tips have been included in everything since covid.
minus-squareteyrnon@sh.itjust.workslinkfedilinkEnglisharrow-up3arrow-down1·2 months 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.
Hold on. Is there no tax on the tip?
deleted by creator
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.
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.
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.