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EN
Casino Chip Tips Now Tax-Free: Treasury Makes Gaming Industry Tips Tax-Exempt
['Jennifer Eggleston']
102.7 VGS
The Treasury Department has released new guidance, confirming that tips paid in casino chips are now eligible for the “no tax on tips” policy — the types of qualifying tips for deductibility have expanded.
The new guidance expands qualifying payment options to include checks, credit and debit card payments, gift cards, electronic payments, and exchangeable tokens (including casino chips), rather than just cash tips.
The policy, originally introduced during the Trump administration and included in a recent Republican-backed bill, allows workers to deduct up to $25,000 of qualifying tips from their 2025 taxes.
Tip reporting rates vary among these roles, particularly in the gaming industry, where tip income can be substantial.
Tips reported under a Tip Rate Determination Agreement (TRDA) or Gaming Industry Tip Compliance Agreement (GITCA) will also qualify.
['payments'
'tip'
'makes'
'taxexempt'
'chip'
'income'
'casino'
'policy'
'treasury'
'guidance'
'industry'
'taxfree'
'gaming'
'tips'
'qualifying']