In 2021, the amount of your nontaxable combat pay was reported on Form 1040 or 1040-SR, line 27b. In 2022, these amounts will be reported on Schedule 1, line 8s. In 2021, the nontaxable amount of Medicaid waiver payments were reported on Schedule 1, line 8z. Nontaxable Medicaid waiver payments on Schedule 1. It doesn't matter which spouse meets the age requirement, as long as one of the spouses does. If you are married filing a joint return, either you or your spouse must be at least age 25 but under age 65 at the end of 2022. This means, to claim the EIC without a qualifying child in 2022, you must be at least age 25 but under age 65 at the end of 2022. The enhancements for taxpayers without a qualifying child implemented by ARP don't apply for 2022. This time frame applies to the entire refund, not just the portion associated with ACTC.Ĭhanges to the earned income credit (EIC). The IRS cannot issue refunds before mid-February 2023 for returns that properly claim ACTC. Advance child tax credit payments have not been issued for 2022.ĭelayed refund for returns claiming ACTC. Bona fide residents of Puerto Rico may be eligible to claim the ACTC if they have one or more qualifying children.Īdvance child tax credit payments. Bona fide residents of Puerto Rico are no longer required to have three or more qualifying children to be eligible to claim the ACTC. A child must be under age 17 at the end of 2022 to be a qualifying child.įor more information, see the Instructions for Schedule 8812 (Form 1040).ĪCTC and bona fide residents of Puerto Rico. The increased age allowance for a qualifying child has expired. The amount of the CTC that can be claimed as a refundable credit is limited as it was in 2020 except that the maximum ACTC amount for each qualifying child increased to $1,500. The credit amount begins to phase out where modified adjusted gross income exceeds $200,000 ($400,000 in the case of a joint return). For 2022, the initial amount of the CTC is $2,000 for each qualifying child. The enhanced credit allowed for qualifying children under age 6 and children under age 18 has expired. Many changes to the CTC for 2021 implemented by the American Rescue Plan Act of 2021 have expired.
503.Ĭhild tax credit enhancements have expired. For more information, see the Instructions for Form 2441 and Pub. The maximum credit amount allowed is 35% of your employment-related expenses. The dollar limit on qualifying expenses is $3,000 for one qualifying person and $6,000 for two or more qualifying persons. For 2022, the credit for the child and dependent care expenses is nonrefundable. The changes to the credit for child and dependent care expenses implemented by the American Rescue Plan Act of 2021 (ARP) were not extended. The credit is not available after 2021.Ĭredit for child and dependent care expenses.
The health coverage tax credit was not extended. Health coverage tax credit is not available. The credit for sick and family leave for certain self-employed individuals were not extended and you can no longer claim these credits. See Instructions for Form 1040.Ĭredits for sick and family leave for certain self-employed individuals are not available. Taxpayers who elect to use the lump-sum election method for their benefits will check this box.
Wages earned while incarcerated are now reported on Schedule 1, line 8u. Pension or annuity from a nonqualified deferred compensation plan or a nongovernmental section 457 plan are now reported on Schedule 1, line 8t. Scholarships and fellowship grants are now reported on Schedule 1, line 8r. For 2022, the standard deduction amount has been increased for all filers. For more information, see chapter 1, later. Generally, the amount of income you can receive before you must file a return has been increased. The same rules that applied for qualifying widow(er) apply to qualifying surviving spouse. The rules for the filing status have not changed. The filing status qualifying widow(er) is now called qualifying surviving spouse. See chapter 1, later.įiling status name changed to qualifying surviving spouse. The due date is April 18, instead of April 15, because of the Emancipation Day holiday in the District of Columbia even if you don't live in the District of Columbia. For the latest information about the tax law topics covered in this publication, such as legislation enacted after it was published, go to IRS.gov/Pub17.ĭue date of return. Most of these changes are discussed in more detail throughout this publication.įuture developments. This section summarizes important tax changes that took effect in 2022.
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