Official tax-filing season kicks off Monday, January 23, and it may hold some surprises for your wallet. So, whether you expect to file your 2022 federal income tax return right away or wait until the last minute, now is a good time to get a sense of whether you’ll owe more money to the IRS, or whether you’ll likely get a refund and if so, how much. Here’s why: The amounts might be very different than they were last year. Several popular tax breaks have changed since you filed your 2021 return.
Charitable deductions: In order to justify itemizing your 2022 deductions, which include charitable contributions, they will need to exceed the standard deduction of $12,950 for single filers or $25,900 for those married filing jointly. Most filers don’t itemize. That typically means any charitable contributions they made during the year aren’t reported on their returns because they got subsumed under the standard deduction.
The tax return stimulus decreases this year.
Got to go pay for all that Bidenflation.
Taxes to fund weapons for Ukraine
So basically taxes going up for the lower and middle class under Biden. Got it.
Shocking
Look at that, I was saying the one good thing The Biden administration did was raise the child tax. I didn’t realize it was temporary. So he’s back to 0 good things.
Can you use your platform to push for passage of reparations.. also is the white cop in the Memphis beating & killing going to be charged with murder as well!!! AttorneyCrump donlemon MSNBC
Democrats are corrupt and overspend. They do not care about middle class only power. FakeBallots
The Democrat tax increases will start to hit.
Things are very different this year
Tax shouldnt even exist.
Bulid Back Better in action 🤡
Thank you democrats
Thanks Cornpop
Thanks Joe
~ me to myself…
Remember when they said you’re taxes would be fine if you make less than 400k lol
The reason is Donald Trump
when trump was president, i saved like 8k on taxes. the last two years, immediately, that stopped
Hope y’all didn’t squander your stimmie checks 🤷🏻♀️
That's to say tax stability order!
But? Biden said middle class would do better!
Really, maybe cause Joey has us bent over the table maybe ?
We all have to pay for the Trump tax cuts to the wealthy, $7T worth of it.
It’s almost like all those things they say they are giving you for free aren’t free after all 🤦🏻♂️
Most single moms get back wayyyy more than they should..
'Romania and Ukraine two sad neighbours'
Trumps tax scam
BidenDocudrop location app
Yeah 2020 and 2021 had several free loading incentives specifically for businesses. If you get big refunds that just means you have the government an interest free loan for the year. I rather have a small payment due
They even held off on democrats new taxes on anything $600.00 or over.
Is CNN reporting this? 'Since Biden entered office in January 2020, border crossings have exploded, and at least 1.2 million migrants successfully evaded authorities.''
It was pretty anti business last year fully expect this year to be even worse for small business
You aren’t suppose to get a big refund lol all that means is the government over taxed you the whole year. It should be $0
I thought Joe Biden said if we made less than $200,000 we wouldn’t have to pay any taxes 🤨
ITS CALLED WAR TAX
Gee taxes are higher on more than just those making over 200k...
Yeah, thanks to Republicans and TFG
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