"What do a yoga instructor, a parking garage attendant, and an influencer have in common? They are all now exempt from paying income tax on their tips under President Donald Trump's "Big Beautiful Bill." As part of Trump's "no tax on tips" policy, streamers, online video creators, social media influencers, and podcasters are among the workers no longer required to hand over a portion of their tip income, according to a Treasury Department list released this week."
"For most influencers, tips are a relatively small slice of income compared to brand deals. Still, tipping is common on Twitch, where viewers buy "bits," or on OnlyFans, where creators use "tip menus" for custom content. Under the "no tax on tips" policy-set to run from 2025 until 2028-creators can claim a deduction covering up to $25,000 of qualifying tip income."
President Donald Trump's tax change exempts tip income from federal income tax for a range of workers, including digital content creators and 68 listed occupations such as bartenders, electricians, tutors, and caddies. The measure, written into law when Congress passed the bill in July, defines digital creators as people who produce and publish original entertainment or personality-driven content on platforms like live streams, short videos, or podcasts. The exemption runs from 2025 through 2028 and allows qualifying workers to claim a deduction up to $25,000, phased out for those earning above $150,000, limiting benefits for top earners.
Read at Fast Company
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