The tips on Tippeers Community are not taxable because it is given to you voluntarily. It cannot be included as income tax because it is not an income from a service or a job. The tips on Tippeers Community is just a digital tip.
Digital tips, often referred to as digital gratuities or e-tips, are monetary expressions of appreciation given to service providers or content creators in digital or online environments. The traditional concept of tipping, where cash is handed directly to a service provider, has evolved with the rise of digital platforms and online transactions. Here are some key aspects and use cases of digital tips:
Online Transactions
Digital tips are commonly associated with online transactions, especially in industries where services or content are delivered digitally.
Examples include online streaming platforms, virtual events, e-commerce websites, and digital service providers.
Content Creators
Content creators on platforms like YouTube, Twitch, or other social media platforms may receive digital tips as a way for viewers to show appreciation for their work. Viewers can use various digital currencies, in-platform currencies, or third-party payment systems to send tips to content creators.
Streaming Services
Musicians, artists, and performers who provide digital content, such as live streaming performances or digital downloads, can receive digital tips from their audience.
Service Platforms
In the gig economy, platforms for freelancers or service providers may include options for clients to leave digital tips as a token of appreciation for good service.