W-2 Box 12 Code TP and Box 14b: What They Mean for Tips
On your 2026 W-2, box 12 code TP is the tips you reported to your employer. Box 14b is your job code. Together they decide how much you can deduct with no tax on tips.
Box 12 code TP
- The total tips you reported to your employer for the year
- Includes card and check tips, not just cash
- Still counts as wages: Social Security and Medicare still apply
Box 14b: your job code
A three-digit code from the IRS tipped jobs list. Your employer can list up to two.
| Box 14b shows | What it means | Your deduction |
|---|---|---|
102 | A listed job (102 = wait staff) | Your TP tips can count |
102 and 000 | Some tips came from an unlisted job | Only the listed job’s tips count |
Only 000 | Your job isn’t on the list | $0 |
| Blank (but TP has tips) | Probably an employer mistake | Ask for a W-2c |
If TP or 14b is wrong
- Ask your employer for a corrected W-2 (Form W-2c).
- Tips you never reported? Report them on Form 4137. With one employer, the deduction uses the bigger of the two numbers, not both.
- Keep your own daily tip log as backup.
Frequently asked questions
What does code TP mean on a W-2?
Box 12 code TP is the total cash tips you reported to your employer during the year. It is new on the 2026 Form W-2.
What is box 14b on a W-2?
Box 14b holds your Treasury Tipped Occupation Code, a three-digit code from the IRS list. Employers enter up to two codes when they report tips with code TP.
What does 000 in box 14b mean?
It means at least some of your tips were earned in an occupation that isn’t on the IRS list. Tips from that work aren’t qualified tips.
Are TP tips already left out of my wages?
No. Tips are still wages for Social Security and Medicare, and they stay in your taxable wages. The no tax on tips deduction is taken separately on Schedule 1-A.
Does code TP include card tips?
Code TP is the cash tips you reported to your employer. In IRS terms, cash tips include tips paid by card or check, not only paper money. Ask your employer if a number looks wrong.
What if TP or 14b is wrong?
Ask your employer for a corrected W-2 (Form W-2c). If you had tips you never reported, you can report them on Form 4137 with your return.
Related tools and guides
- 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 box 12 code TTWhat code TT means, and what to do if it is missing or wrong.
- Schedule 1-A guidePart II (tips) and Part III (overtime), line by line.