Treasury Department shares 68 jobs likely eligible for no tax on tips deduction

The Treasury Department made an exciting announcement on Labor Day, revealing that nearly 70 different jobs spanning across eight sectors are poised to benefit from President Donald Trump’s recent tax cut on tipped wages. This move fulfills a campaign promise that Trump signed into law earlier this year.

Workers in various industries such as food and beverage, events and entertainment, hospitality, personal services, home services, recreation, instructional professions, and delivery and transportation can now look forward to no longer paying taxes on their tipped wages. This new policy is part of the One Big Beautiful Bill Act, which narrowly passed through Congress this summer.

A preliminary list has been released outlining the 68 jobs that are likely to qualify for the “No Tax on Tips” deduction. The official list will be open to public comment in the near future. However, it’s important to note that workers in healthcare, performing arts, and athletic fields will not qualify for this deduction, according to a document obtained by Fox News.

Treasury Secretary Scott Bessent expressed his enthusiasm for the new tax cut, stating that it will benefit many workers who typically collect overtime pay, especially on Labor Day. He highlighted that the One Big Beautiful Bill also includes tax breaks on overtime, Social Security, and auto loans for American-made cars, all aimed at alleviating the nation’s affordability crisis.

The tax cuts on tips and overtime are expected to result in real wage increases for working Americans, providing much-needed relief for many individuals. Across the eight sectors outlined by the Treasury Department, a wide range of jobs are set to benefit from this new policy.

In the food and beverage industry, workers such as bartenders, wait staff, chefs, dishwashers, and more will no longer have to pay taxes on their tips. Similarly, those in the entertainment industry, hospitality business, home services, personal services, wellness professions, recreational sector, and transportation and delivery industry can also expect to see the benefits of this tax cut.

It’s worth noting that Congress separately passed the bipartisan No Tax on Tips Act earlier this year, which established a tax deduction of up to $25,000 for tips. However, the One Big Beautiful Bill Act does not impose a cap on the tax deduction for tipped wages, providing even more relief for workers in these sectors.

Despite the partisan nature of Trump’s megabill, Democratic senators, including Nevada’s Sen. Jacky Rosen, supported the tax cut for tips. Senate Minority Leader Chuck Schumer praised Rosen’s leadership in passing the No Tax on Tips Act, emphasizing that it is crucial to provide tax relief to hardworking Americans, rather than the ultra-rich.

Overall, the new tax cut on tipped wages is a significant development that will benefit a wide range of workers across various industries. By alleviating the tax burden on tips, this policy aims to improve the financial well-being of working Americans and address the affordability crisis in the country.

Deirdre Heavey is a politics writer for Fox News Digital.