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  2. State Stimulus & Taxes: Is Your Inflation Relief Check Taxable?

    www.aol.com/finance/state-stimulus-taxes...

    The Internal Revenue Service (IRS) finally issued guidance regarding the federal tax status involving special payments made by 21 states in 2022, determining that taxpayers in many states will not...

  3. Stimulus Checks 2022: State Relief Checks, Tax Implications ...

    www.aol.com/stimulus-checks-2022-state-relief...

    Although the federal government did not issue any economic impact payments -- aka stimulus checks -- in 2022, some states took it upon themselves to offer financial relief to eligible residents to...

  4. Inflation Reduction Act - Wikipedia

    en.wikipedia.org/wiki/Inflation_Reduction_Act

    In August 2024, the Treasury Department had found that in the 2023 tax year, 3.4 million households had claimed more than $8 billion against their federal income tax for home energy improvements; about 1.2 million had claimed $6 billion in credits for home clean energy, while 2.3 million had claimed $6 billion in credits for home energy ...

  5. Free Money: How To Get Inflation Relief Payments in 2022 - AOL

    www.aol.com/finance/free-money-inflation-relief...

    The 2022 Delaware Relief Rebate Program provides a one-time direct payment of $300 per adult (18 and over) in the state, giving them help coping with higher gas and food prices. ... 2021 income ...

  6. American Taxpayer Relief Act of 2012 - Wikipedia

    en.wikipedia.org/wiki/American_Taxpayer_Relief...

    Revenue provisions would add a total of $3,638 billion to the deficits for the 2013–2022 period, an average of $364 billion per year. The baseline assumed the income tax cuts would expire at all income levels, so only raising income tax rates for higher income taxpayers causes the deficits to rise substantially relative to the baseline.

  7. State and local tax deduction - Wikipedia

    en.wikipedia.org/wiki/State_and_local_tax_deduction

    For US federal income tax purposes, state and local taxes are defined in section 164(a) of the Internal Revenue Code as taxes paid to states and localities in the forms of: (i) real property taxes; (ii) personal property taxes; (iii) income, war profits, and excess profits taxes; and (iv) general sales taxes.

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