That’s a pretty legit list.
Are zaps tips? 🤔
Discussion
Zaps are absolutely tips
Not bad, but wen no income tax?
That's an interesting question. I never thought about taxing zaps!
Maybe it is not worth thinking about to tax a npub.
wen cap gains
Absolutely that is a tip.
That is a great list. Not holding my breath on eliminating the carried interest tax deduction, particularly given who are Trumps’ advisors; if that goes through it will speak volumes to how serious the administration is to promoting a fairer tax structure. It has been proffered quite a few times in the past to no avail.
yes
What is the “carried interest tax deduction loophole”? Closing loopholes doesn’t sound good.
Gifts
first one to get audited, let the rest of us know how it goes
That's exactly what they are.
So, currently zaps are a taxable event?!
Yes
I consider any zap I send to be a “gift” which is much better than a tip
And more importantly for myself, I only tip deminimis except gifts not subject to reporting.
No tax on tips is going to be so fucking good for people in service. If this happens, people might actually start decent restaurants because they know they can afford their employees without having to pay employment tax on tips, etc. If i do this, I am going to have a machine at the front that dispenses cash and takes credit (and an ATM) so that you can tip them in cash and I dont have to deal or give shit about any of it. Maybe a restaurant where you have to zap the server a few thousand bitcoin just to get them back to your table and people bid on server attention, lol
No, zaps are gifts. Gifts are only taxable when they exceed $19,000 per year.
Well you can certainly see it that way, Lyn.
No tax on tips is dumb. Gonna open up a massive loophole for corporate pay if not written really, really carefully.
Don’t care still zapping