What day do I file taxes for 2022?
The tax filing deadline in the U.S. is Monday, April 18, 2022, for the vast majority of the country. (The exceptions? Maine and Massachusetts residents have until April 19 due to the Patriots’ Day holiday in those states.) Whichever day your taxes are due, filing taxes can be a real headache.3 days ago
How will tax returns change in 2022?
The standard deduction for 2022 (which will be useful when you file in 2023) will increase to $12,950 for single filers and $25,900 for married couples filing jointly. The income tax brackets will also increase in 2022.
Will there be a monthly child tax credit in 2022?
Families who are eligible for the expanded credit may see more money come to them when they file their taxes this year, as just half of the total child tax credit was sent via monthly payments. However, for 2022, the credit has reverted back to $2,000 per child with no monthly payments.
What will the Child Tax Credit be for 2021?
For tax year 2021, the Child Tax Credit is increased from $2,000 per qualifying child to: $3,600 for each qualifying child who has not reached age 6 by the end of 2021, or. $3,000 for each qualifying child age 6 through 17 at the end of 2021.