Reporting Tip Income

Today TaxMama hears from Danni in Florida who tells us “I am a hairdresser. What percentage of my tips am I required to report?”

Dear Danni

100% – ALL OF YOUR TIPS!

Why should you have to report less than all your income when every other working stiff has to report 100% of theirs?

Whatever gave you the idea that hairdressers get a special break?

And remember, you can find answers to all kinds of questions about cash income and other tax issues, free. Where? Where else? At TaxMama.com

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