SB1241 — Authorizes an income tax deduction for tipped income

SB1241 — Authorizes an income tax deduction for tipped income · Informed CitizenryThis bill proposes allowing taxpayers to take a special income tax deduction for the first $25,000 of income earned from tipping. Starting with tax years beginning on or after January 1, 2026, this…Open in Informed Citizenry