💚 Tips DeductionOBBBA · 2026

How to Claim the Tips Deduction on Form 1040 / Schedule 1-A (2026)

The tips deduction goes on the new Schedule 1-A and flows to Form 1040.

Estimate your Schedule 1-A tips deduction

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Tips Deduction Estimator
Simplified educational estimate · No login · Not tax advice
Your Details
Filing Status
Estimated MAGI / AGI
Used for income phase-out. Leave 0 if unsure.
Qualified tips received
Reported tips in a tip-eligible occupation. Cap $25,000.
Approximate Marginal Federal Rate
Estimates the federal tax impact. For an exact rate, use the full federal calculator.
Estimated deduction
Tips deduction (Schedule 1-A, Line 1b)
Up to the $25,000 cap on qualified tips.
$0
Simplified educational estimate. Caps and phase-out parameters reflect OBBBA as enacted and may be refined by final IRS guidance. This tool does not save data or file a return — verify your figures with IRS instructions or a qualified tax professional.
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Quick answer

You claim the No Tax on Tips deduction on the new Schedule 1-A (Additional Deductions), which attaches to Form 1040. Enter your qualified tips (from W-2 Box 12 code TP, or your own records for 2025), apply the $25,000 cap and the income phase-out, and the result reduces your taxable income — whether you take the standard deduction or itemize.

Form
Schedule 1-A
Flows to
Form 1040
Source figure
W-2 Box 12 code TP
Standard deduction
Still allowed

The OBBBA deductions live on a brand-new form: Schedule 1-A, 'Additional Deductions.' It's where the tips, overtime, car-loan, and senior deductions are calculated before flowing to your Form 1040. These are additional deductions available to eligible taxpayers whether they itemize or claim the standard deduction.

For 2026, your qualified tips come from W-2 Box 12, code TP. For 2025, employers weren't required to break them out, so you calculate qualified tips from your own tip records.

Step by step

  • Find your qualified tips: W-2 Box 12 code TP (2026) or your tip log (2025).
  • Confirm your occupation is on the Treasury/IRS tipped list.
  • Enter the tips on Schedule 1-A, applying the $25,000 cap.
  • Apply the MAGI phase-out if your income is over $150k single / $300k MFJ.
  • The allowed deduction flows to Form 1040, reducing taxable income.

What you can and can't stack

Schedule 1-A deductions are available whether you itemize or claim the standard deduction — you don't have to itemize. If you also have qualifying overtime, car-loan interest, or the senior deduction, each has its own section on Schedule 1-A with its own cap.

You can't deduct the same tips twice, and mandatory service charges never count. Keep your records: the IRS can ask you to substantiate reported tips.

Frequently asked questions

Where do I claim the tips deduction on my 1040?

On the new Schedule 1-A (Additional Deductions), which flows to Form 1040 under the applicable tax-year instructions. It is available whether you claim the standard deduction or itemize.

Where is the tips deduction reported?

It is calculated in Part II of Schedule 1-A and carried to Form 1040 under the applicable tax-year instructions. Verify the current-year form and line numbering with the IRS instructions before filing.

Do I need to itemize to claim it?

No. You claim the tips deduction whether you take the standard deduction or itemize on Schedule A.

What if my W-2 doesn't show a code TP?

For 2025, employers weren't required to report it, so calculate your qualified tips from your own records. For 2026 onward, it should appear in Box 12, code TP.

IRS sources & verification

Last reviewed July 12, 2026.

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Educational use only. This page explains the No Tax on Tips Deduction under the One Big Beautiful Bill Act and provides a simplified 2026 estimate. It is not tax, legal, or financial advice and does not account for every rule or documentation requirement. Figures may be refined by IRS guidance. Confirm your situation with a qualified tax professional. Full disclaimer.