Posted on Jan 23, 2023
IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023
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Tax time is almost here again. I received two form letters questioning me about my past tax return this past year, one I was able to phone in and the agent told me don't worry about stuff like that. The other issue, me claiming my daughter as a dependent I couldn't get through to speak to an agent about. It a whole life time of never hearing from the IRS, these contacts worry me. I suppose I shouldn't let it because my taxes are relatively simple, and I know I pay all the taxes I am supposed to. I guess to me these letters I received looked like the IRS was trying to make more work for themselves. I can't understand it.
IRS ends COVID-19 tax credits: Here's what you need to know before filing in 2023
Posted from foxbusiness.com
IRS
Taxes
Posted >1 y ago
Responses: 2
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Programs like Turbo Tax are straight forward but sometimes miss credits you may be eligible for versus if you go through a CPA. However, the cost of a CPA may outweigh the credits you receive so do what you and your financial advisor feel is best. I digress. With respect to your letters, make sure if they do or do not require a response. They usually tell you what's required and needed.
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The one about my granddaughter we adopted many years ago specifically said not to do anything and just don't take the deduction this year. I will double check all my input. Maybe I just pressed a wrong button last year. It looked kind of strange to me but God knows what is happening in there these days. The agent I did speak to on the first issue was very nice.
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SFC (Join to see)
It basically goes through all the COVID tax credits that no longer exist. I don't worry about taxes much. I use Turbo Tax. I know that are many other programs just as good out there, but I've been with them since the beginning. We always like what we learned on.
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