No Tax on Tips for Golf Caddies (2026)
Yes. Golf Caddies are on the IRS tipped jobs list (code 701), so you can deduct up to $25,000 of tips from federal income tax for 2026. Player tips on top of the caddie fee can qualify.
- IRS code 701
- Cap $25,000
- W-2 or 1099
Tips calculator for golf caddies
Private: runs in your browserEstimate of federal income tax only. Not tax advice.
Example: caddie
- Club caddie, $29,000 wages including $13,000 code TP, singleQualified tips $13,000.Deduct $13,000 · save about $1,300 in federal tax
What caddies should know
- On payroll, look for box 12 code TP on your W-2. Self-employed, use your own records; tips are capped at your net profit.
- Golf caddies are code 701.
- The set caddie fee isn’t a tip. The extra the golfer adds is.
- Independent caddies: tips are capped at net profit.
Your IRS code
701 Golf caddies. Not your exact job? See the full list of 71 tipped jobs.
Golf Caddies: FAQ
Do caddies qualify?
Yes. Golf caddies are code 701 on the IRS list.
Is the caddie fee a tip?
No. Only the extra amount the player chooses to add counts.
Do cash tips count?
Yes, once reported.
How much can caddies deduct?
Up to $25,000 of qualified tips per tax return, for 2025 through 2028. It shrinks by $100 for each full $1,000 of income over $150,000 ($300,000 joint).
Do I still pay Social Security and Medicare on tips?
Yes. The deduction only lowers federal income tax. Payroll or self-employment tax and state tax don’t change.
Related tools and guides
- Tour GuidesCode 704. W-2 or 1099.
- Valet and Parking AttendantsCode 801. W-2 code TP.
- BartendersCode 101. W-2 code TP.
- No tax on tips calculatorW-2 code TP, box 14b and 1099 tips, with the net-profit limit.
- IRS tipped occupations listAll 71 Treasury Tipped Occupation Codes, searchable.
- W-2 code TP and box 14bCash tips reported to your employer and your occupation code.
- No tax on tips by jobBartenders, servers, stylists, drivers and more.