It seems that “no tax on tips” also applies remarkable

Signs, YouTube and other creators content are qualified for the new “lack of tax” advice in A single beautiful invoice work President Donald Trump signed the law on July 4, 2024. The “digital content created” in A. A preliminary list of professions Which is qualified to obtain a new tax deduction on the US Treasury’s advice issued last week. This means that PodCaster can get the same tax exemption as a waiter or a waiter.

According to this directive, the “bits” received during a nashala or “Very thanks” YouTube can receive a large taxable download when the tax season will take place next year. like Hollywood Observer NotesNevertheless, there are limits on the amount of this deadly income that will be deducted – up to $ 25,000 per year, and the gradual disposal of individual passages may get more than $ 150,000 a year – and the language that does not indicate that each scenario of the transformation content may apply.

According to the Ministry of Treasury, the advice will not be qualified for the opponent “if they are received in the context of some specific deals or companies”, which include “health, theatrical arts and athletics.” Does this mean that this is much narrower for content creators than what appears? Perhaps, but these classifications must be completed before anyone can say definitely. In the end, the content of the content has multiple possible income sources: direct contributions, advertising revenues, paid partnerships, direct sales and digital advice. How much is the new tax deduction that changes the calculus calculation.

The status of tax advice was displayed on several promises to the campaign Before his re -election in November 2024. The idea was finally folded in a beautiful beautiful draft law, which may be known for the catastrophic discounts he made and . As it turns out, the draft law may also reshape the creator’s economy as well.