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Toby is a waiter at a local restaurant. During 2022 he received a total of $30,000 of tips, all ranging from 30% to 10% of

Toby is a waiter at a local restaurant. During 2022 he received a total of $30,000 of tips, all ranging from 30% to 10% of the customer charges. The $30,000 can be excluded from Toby's income under IRC Section 102 because the tips were given voluntarily by the diners. True or false

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