ChatGPT is your AI chatbot for everyday use. Chat with the most advanced AI to explore ideas, solve problems, and learn faster.
Do more on your PC with ChatGPT: Instant answers—Use the [Alt + Space] keyboard shortcut for faster access to ChatGPT Chat with your computer—Use Advanced Voice to chat with your computer in real-time and get hands-free advice and answers while you work.
Introducing ChatGPT for Android: OpenAI’s latest advancements at your fingertips. This official app is free, syncs your history across devices, and brings you the latest from OpenAI, including...
Introducing ChatGPT for iOS: OpenAI’s latest advancements at your fingertips. This official app is free, syncs your history across devices, and brings you the latest from OpenAI, including the new image generator.
“Qualified tips” are voluntary cash or charged tips received from customers including shared tips. Maximum annual deduction is $25,000. If you’re self-employed, the deduction can’t exceed your net income, before this deduction, from the trade or business where tips were earned.
TIPS pay a fixed rate of interest every six months until they mature. Because we pay interest on the adjusted principal, the amount of interest payment also varies. You can hold a TIPS until it matures or sell it before it matures. The rate is fixed at auction and is never less than 0.125%.
Despite the “No Tax on Tips” label, the tip deduction does not completely eliminate taxes on tips. Some people may still owe federal income tax on their tips, payroll taxes still apply to tips, and your state might also tax tips. The tip deduction is temporary – it only applies for the 2025 to 2028 tax years.