topic Re: Large tax increase in Tax law changes

Large tax increase

lunaplata — Tue, 28 Feb 2023 20:42:28 GMT

st year my federal tax due was about 600 dollars this year it is almost $2000 even though my income has not increased. Why is that?

Re: Large tax increase

bluedeb — Tue, 28 Feb 2023 20:56:42 GMT

It could be because the IRS ended Covid 19 tax credits. The only way to know is put last years and this years return side by side for a comparison.

IRS ends COVID-19 tax credits

https://www.foxbusiness.com/personal-finance/irs-filing-taxes-key-changes-2023

Re: Large tax increase

CarissaM — Thu, 02 Mar 2023 17:11:37 GMT

We would not have access to your return here If you would like a specialist to take a look at your return, please click here to give us a call. @lunaplata