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Joy Taylor

Ask the Editor, September 26: Tax Questions on the New Tips Deduction

Joy Taylor IRS Tax Deduction The Kiplinger Tax Letter

Ask the Editor logo plus hands tipping a man upside down with coins falling out of his pockets.

Each week, in our Ask the Editor series, Joy Taylor, The Kiplinger Tax Letter Editor, answers questions on topics submitted by readers. This week, she’s looking at questions on the new tax deduction for tipped income. (Get a free issue of The Kiplinger Tax Letter or subscribe.)

1. What is the tips deduction?

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