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does tips received by self-employed taxi driver reported on driver's annual report deductible

ABHATT4426
Level 1

does tips received by self-employed taxi driver reported on driver's annual report deductible

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1 Comment 1
kobe22
Level 3

According to the IRS section 224(a) tips are deductible if there is a reportable form such as; 1099-NEC, 1099-MISC, 1099-K.