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  2. 2023 Tax Updates: What Changes Can You Expect in the ... - AOL

    www.aol.com/finance/2023-tax-updates-changes...

    In an October announcement, the IRS outlined these changes for 2023: The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700, up $1,800 from 2022.

  3. 5 new changes for the 2023 SC tax season to know to get the ...

    www.aol.com/5-changes-2023-sc-tax-103000249.html

    5 new things to know for SC 2023 tax season ... to $0.11 a gallon for tax year 2022. Full or part-year taxpayers can “claim the refundable credit for the lesser of the increase in South Carolina ...

  4. 2023-2024 tax brackets and federal income tax rates - AOL

    www.aol.com/finance/2023-2024-tax-brackets...

    There are seven tax brackets for most ordinary income for the 2023 tax year: 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent and 37 percent.

  5. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

  6. 8 IRS Secrets To Know for the 2023 Tax Filing Season - AOL

    www.aol.com/8-irs-secrets-know-2023-110119874.html

    Every year, the IRS adjusts tax bracket and deduction levels upwards based on the prior year’s rate of inflation. For tax year 2023, this means that the standard deduction for singles is $13,850 ...

  7. Form 1040 - Wikipedia

    en.wikipedia.org/wiki/Form_1040

    Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).

  8. IRS Adjusts 2023 Tax Rates for Inflation: How It Will ... - AOL

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    Need help? Call us! 800-290-4726 Login / Join. Mail

  9. What’s New for Tax Filing in 2023? - AOL

    www.aol.com/tax-filing-2023-200103987.html

    For those filing their 2022 tax returns in 2023, there are some relatively significant changes to report. ... The $7,500 electric vehicle credit now applies in full only to vehicles with final ...

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