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Journal of Accountancy · Recently
IRS clarifies how employees can claim 2025 tip and overtime deductions
Tax Brief summary and classification of the original reporting.
Bottom Line
💡 IRS clarifies how employees can claim 2025 tip and overtime deductions. Worth reviewing for potential client impact.
Summary
The IRS also is updating some income tax forms and instructions to help taxpayers claim the deductions.
Classification
Category: fyiPriority: importantReason: Contains 'irs clarifies' - significant update
Applies To
1040
Affected Groups
Individual return preparers
Related Topics
Original Source
We aggregate public tax updates and provide AI-assisted summaries. Please read the original reporting for full details.
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