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Old Feb 6, 2013 | 6:59 am
  #136  
brooklynmatt
 
Join Date: Nov 2010
Location: Brooklyn
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Originally Posted by gengar
No! You were not taxed because you tipped. You were taxed because you made 5k. What you choose to do with that 5k is immaterial to the taxation.
No.

If I had not tipped in the example above the IRS would have 1.5k less revenue from the dealer income.

So the act of tipping incurs double dipping from a tax perspective.
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