These 8 Tax Changes Could Impact the Size of Your Refund Next Year
These 8 Tax Changes Could Impact the Size of Your Refund Next Year
Recent highlights:
1. More tax adviceMaximize Your Tax Refund in 2023: End-of-Year Tax ChecklistAll the Homeowner Tax Breaks for 2022: How to Maximize Your Tax RefundStudent Loans Forgiven?
2. Eligibility for the Earned Income Tax Credit has changedLast year, more Americans were eligible to claim the Earned Income Tax Credit on their 2021 tax returns.
3. Fewer filers will qualify for the Child Care and Dependent Tax CreditIn 2021, the Child Care and Dependent Tax Credit also received temporary expansions, allowing those who made $125,000 or less to deduct between 20% to 50% of $4,000 (or $8,000 for parents with more than one child) in qualifying child care expenses
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