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New York policy

S587: Establishes a tax deduction for cash and credit card tips received

NY Senate · Sponsor Jack M. Martins

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Jurisdiction
New York State
Applies to
New York State (proposed)
Effective
January 13, 2026

What it requires

Establishes an income tax deduction for cash and credit card tips received which are considered wages or compensation.

ny-statesenatelegislationbill

Official source ↗

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