The tip deduction doesn’t completely eliminate taxes on tips. The deductible amount is limited, it isn’t available to every worker who receives tips, some tips aren’t deductible, and tips are still ...
TurboTax reports many simple tax filers miss savings due to confusion over new provisions, urging better understanding of credits and timely filing.
Depending on tax situation, it may not be adequate for you use a simplified free filing system to submit tax returns.