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IRS Announces Tax Brackets and Other Inflation Adjustments for Tax Year 2022
- Standard Deduction The standard deduction—which is claimed by the vast majority of taxpayers—will increase by $800 for married couples filing jointly, going from $25,100 for 2021 to $25,900 for 2022. ...
- Tax Rates Not Changed, But Brackets Increase ...
- Maximum Long-Term Capital Gains ...
- Alternative Minimum Tax ...
- 2022 Earned Income Tax Credit (EITC) ...
- 2022 Child Tax Credit ...
- Maximum Exclusion for Gifts ...
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