The unwanted surprise in the Advance Child Tax Credit – taxpayers’ year-end 1040 tax liability will increase in most cases

Posted on August 17, 2021 by mason

Learn more about how this credit changes when filing in 2022 and what you can do to avoid a surprise on April 15th.

Read the full article for more details.

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What’s New in 2023

This article includes the IRS roundup of changes for filing in 2023. These include changes to reporting rules for 1099-K, credits for dependants, and more people may be eligible for the Premium Tax Credit if they use the Health Insurance Marketplace.