What Does Your Dependent and Home Energy Credits Have In Common?
Update: 2022-09-15
Description
Have you been waiting for the checks for your dependents under 17? Are you anticipating another bigger than normal refund? The Child Tax Credits for 2022 are not the same as 2021. Have you included this change in your tax planning for 2022? Is your dependent still being claimed on another return before you get to file? Is there a way you can claim your dependent before someone else does? Will the dependent day care credit be just as lucrative in 2022 as 2021?
Is there really something in common between Dependents and Home Energy Credits? I will discuss some of the tax provisions in the Inflation Reduction Act. A few credits take effect in 2022. Others are not effective until 2023. Some credits are rather unusual. These are just some of the topics covered on this week’s Tax Answers Advisor.
Is there really something in common between Dependents and Home Energy Credits? I will discuss some of the tax provisions in the Inflation Reduction Act. A few credits take effect in 2022. Others are not effective until 2023. Some credits are rather unusual. These are just some of the topics covered on this week’s Tax Answers Advisor.
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