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What’s different with deductions and credits for tax year 2022?

by TurboTax Updated 1 year ago

Tax law changes following the reduction or expiration of some coronavirus pandemic deductions and credits, as well as other life events, could impact your refund this year. We picked these answers to get you started.

Why did my refund go down compared to last year's?

This year, several tax credits have been lowered to amounts before the coronavirus pandemic—or eliminated entirely. This includes the Child Tax Credit, the Child and Dependent Care Credit, and more. Learn more

Why don't I qualify for the Earned Income Tax Credit?

The age requirements revert back, and taxpayers with no kids have to be 25 or under 65 to claim the credit. In addition, previous year income cannot be used to help you qualify for the Earned Income Tax Credit. Learn more

Why was my refund adjusted after claiming the Recovery Rebate Credit?

The Recovery Rebate Credit is not available for this tax year. Learn more

Can I deduct donations to charity?

If you can itemize your deductions, you will still be able to claim your charitable deductions. If you claim the standard deduction, you can no longer claim the deduction for cash donations up to $300 ($600 married filing jointly). Learn more

What does getting married mean for my taxes?

As you get ready to file your first return as a married couple, there are a few things to know. Learn more

Which tax breaks can help with education costs?

Learn about the specific credits and deductions available to help with the cost of education. Learn more

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