NEW Tax CreditThe IRS updated and added a few tax credit that can help you maximize your refund:The standard deduction for 2022 is higherIncome tax brackets are also higher in 2022The child tax credit benefits has returned to normalFewer filers will qualify for the Child Care and Dependent Tax creditIf you don't have kids, it's harder to qualify for the Earned Income Tax credit this yearIf your student loans were forgiven, you may owe state taxesYou have to report your crypto and NFT transactions PayPal, Venmo and other third-party apps will report your payments to the IRSRetirement contribution limits increasedTemporary charitable donation deductions have ended
The IRS updated and added a few tax credit that can help you maximize your refund:The standard deduction for 2022 is higherIncome tax brackets are also higher in 2022The child tax credit benefits has returned to normalFewer filers will qualify for the Child Care and Dependent Tax creditIf you don't have kids, it's harder to qualify for the Earned Income Tax credit this yearIf your student loans were forgiven, you may owe state taxesYou have to report your crypto and NFT transactions PayPal, Venmo and other third-party apps will report your payments to the IRSRetirement contribution limits increasedTemporary charitable donation deductions have ended
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