S2 Eps3 - Chaos Ensues! Tax Stories and Tax Updates episode artwork

EPISODE · Jan 18, 2026 · 1H 7M

S2 Eps3 - Chaos Ensues! Tax Stories and Tax Updates

from A Daily Cup of Tea Podcast · host GoddezzIzOut and Beautiful Dragon

It's supposed to be about Tax stories and Tax updates. And IT IS! for like 20-30 minutes of it. BUT between that and after that, it's all chaos all the time! With lots of Laughter. Enjoy!Tax Tips on No Tax on Tips For the USA:1) No taxes on Tips is for only $25,000 per person that is Single. $50,000 for Married Filing Jointly ($25,000 each) It should be on W-2 box 14 other with "Tips" in there and the amount.2) If there is nothing in box 14 on your W-2, please make sure to write down all your tips in a book for the year and bring it with you to your tax preparation so your Tax Preparer can put it into the system.Tax Tips on No Tax on OT for the USA:1) upto $12,500 per person. If Single only $12,500. If Married filing jointly then it's $25,000 ($12,500 per person) on OT.2) PLEASE PLEASE Make sure you have a copy of your last years PAYSTUB and bring it with you. Especially if on your W-2 Box 14 Other, there is no amount or anything stating "OBBB OT" or "estimated taxes on OT" or "OT"We need that Paystub to correctly determine that OT you have as a deduction that needs to be put on your Taxes.

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S2 Eps3 - Chaos Ensues! Tax Stories and Tax Updates

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