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ARIZONA HOUSE OF REPRESENTATIVESFifty-seventh Legislature First Regular Session |
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HB 2081: income tax; subtraction; tipped wages
Sponsor: Representative Griffin, LD 19
Committee on Ways & Means
Overview
Amends the list of subtractions from Arizona gross income to include cash tips.
History
Arizona currently taxes 2.5% of an individual's taxable income (A.R.S. § 43-1011). Taxable income is defined in statute as adjusted gross income less any applicable deductions (A.R.S. § 43-1001).
26 United States Code Section 6053 (a) requires employees to disclose to their employer, via written statement, the amount earned from tips within 10 days of being received (26 USC § 6053).
Provisions
1. Adds cash tips to the list of subtractions from Arizona gross income beginning from and after December 31, 2024. (Sec. 1)
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