It's time to start planning for 2022's return now that the tax filing season for the 2021 tax year is complete. After all, you may be able to save more money by doing more tax planning. However, effective tax preparation necessitates being aware of what has changed and been added since the previous year. For the 2022 tax year, there are many modifications and revisions to the tax code that informed taxpayers should be aware of.
We've compiled a list of the most significant tax law amendments and modifications for 2022 to assist you (some related items are grouped together).
Utilize this knowledge right away to keep more of your hard-earned money when it comes time to file your 2022 tax return the following year.
We've compiled a list of the most significant tax law amendments and modifications for 2022 to assist you (some related items are grouped together).
Utilize this knowledge right away to keep more of your hard-earned money when it comes time to file your 2022 tax return the following year.
- Child Tax Credit
- Child and Dependent Care Credit
- Earned Income Tax Credit
- Recovery Rebate Credit
- Tax Bracket
- Capital Gain
- Standard Deduction
- Form 1099-K
- Charitable Gift Deduction
- Retirement Saving
- Teacher Expenses
- Keddie Tax
- Adoption of a Child
- Education Bond
- Parking and Transportation Benefits
- Americans Working Abroad
- Payroll Taxes
- Standard Mileage Rates
- Long-Term Care Insurance Premiums
- Health Savings Accounts (HSAs)
- Flexible Spending Accounts (FSAs)
- Alternative Minimum Tax (AMT)
- Tax "Extenders"
- Self-Employed People
- Estate & Gift Taxes
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