The IRS’s first Chief Taxpayer Experience Officer, Ken Corbin, recently wrote an article highlighting what’s new and what to consider when filing your 2022 tax return. Among other things, Corbin states that filing a 2022 tax return, even when not required, could give you access to certain tax credits available only when filing a return. In addition, some taxpayers may still be eligible for the Premium Tax Credit for enrolling in a qualified health plan. Corbin also notes that eligibility rules to claim a tax credit for clean vehicles, under the Inflation Reduction Act, have changed.
Read the article: https://bit.ly/33KFsTjb.
If you have questions regarding filing your return, contact us.