What to know about Trump's tax breaks for tips and overtime when filing returns

Source NBC Local
Original Load Date April 12, 2026, 3 p.m.
Last Updated April 12, 2026, 3 p.m.
Original URL https://www.nbcchicago.com/news/local/what-to-know-about-trumps-tax-breaks-for-tips-and-overtime-when-filing-returns/3921553/

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As the tax-filing deadline nears, millions of Americans are expected to claim new federal income tax breaks for tips and overtime wages available for the first time under [ a wide-ranging tax law ][1] enacted by President Donald Trump. But many people won’t get those same deductions when they fill ...