Key tax benefits that are changing for tax year 2022
Some tax benefits will either revert back to what they were before the American Rescue Plan or expire.
On March 11, 2021 the American Rescue Plan was signed into law to provide financial relief for millions of Americans. The plan included a third round of stimulus relief and expanded tax benefits that families could claim on their 2021 taxes (the taxes filed in 2022), however these tax benefits will either revert back to what they were before the American Rescue Plan or expire.
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