NEW 2026 — No Tax on Tips Law

No Tax on Tips Calculator 2026

See how much you save under the No Tax on Tips exemption — up to $25,000 in tip income tax-free per year.

Last updated: May 2026 · By Ethan Blake · Tax Compliance Specialist
✅ KEY TAKEAWAYS
  • Up to $25,000 in tip income is exempt from federal income tax in 2026
  • Workers must earn $160,000 or less in wages to qualify
  • FICA taxes (Social Security 6.2% + Medicare 1.45%) still apply to all tips
  • Tips must still be reported on your tax return — exemption removes income tax only
  • A server earning $25,000 in tips saves roughly $2,500–$5,500 in federal tax
Your Annual Tax Savings
$5,868
Federal income tax + FICA savings
Annual Tips
$41,600
Tips Exempt
$25,000
Fed Tax Saved
$3,955
FICA Saved
$1,913
Tax WITHOUT exemption: $7,527
Tax WITH exemption: $3,572

All calculations in your browser — data never sent anywhere

Important: Current Status of No Tax on Tips

The No Tax on Tips exemption was signed into law as part of the One Big Beautiful Bill (July 4, 2025). This calculator shows your estimated savings under the $25,000 annual cap. Consult a tax professional for your specific situation.

No Tax on Tips — FAQ

Who qualifies for No Tax on Tips?

Workers in traditionally tipped occupations qualify: servers, bartenders, hotel staff, hair stylists, valets, and similar roles. The income threshold is $160,000 or less in wages.

Is there a cap on tax-free tip income?

Yes, the exemption caps at $25,000 per year in tip income. Tips above $25,000 are still taxed normally.

Does it eliminate FICA on tips too?

No, Social Security (6.2%) and Medicare (1.45%) still apply to tips. Only federal income tax is exempt. This calculator shows federal income tax savings only.

Do I still need to report tips?

Yes, all tips must still be reported to your employer and on your tax return. The exemption means they are not subject to federal income tax, but they still count as income for Social Security.

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Ethan Blake
Tax Compliance Specialist · Since 2017
Ethan Blake has helped 5,000+ freelancers and employees navigate IRS paycheck withholding, FICA, and take-home pay calculations. IRS Self-Employed Tax Center ↗

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