No Tax on Tips for Valet and Parking Attendants (2026)
Yes. Valet and Parking Attendants are on the IRS tipped jobs list (code 801), so you can deduct up to $25,000 of tips from federal income tax for 2026. Cash tips at the key stand count if you report them.
- IRS code 801
- Cap $25,000
- Reported on W-2 (TP)
Tips calculator for valet and parking attendants
Private: runs in your browserEstimate of federal income tax only. Not tax advice.
Example: valet
- Hotel valet, $36,000 wages including $14,000 of reported tips, singleQualified tips $14,000.Deduct $14,000 · save about $1,550 in federal tax
What valets should know
- Your tips should be on your 2026 W-2 in box 12, code TP, with your job code in box 14b.
- Parking and valet attendants are code 801.
- Valet tips are mostly cash. Report them to your employer so they show in code TP.
- A fixed valet fee on the guest’s bill isn’t a tip.
Your IRS code
801 Parking and valet attendants. Not your exact job? See the full list of 71 tipped jobs.
Valet and Parking Attendants: FAQ
Do valets qualify?
Yes. Parking and valet attendants are code 801 on the IRS list.
Does the parking fee count?
No. Only extra amounts the guest chose to give count.
I didn’t report all my cash tips. Can I still deduct them?
Only if you report them on Form 4137 with your return.
How much can valets 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
- Bellhops and PortersCode 301. W-2 code TP.
- Uber and Lyft DriversCode 802. 1099 tips, capped at profit.
- Hotel HousekeepersCode 304. 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.