Recovery Rebate Credit – The credit has expired and cannot be claimed on the 2022 tax return.
Earned Income Credit – The credit will return to 2020 guidelines and limitations.
Child Tax Credit – The enhanced provisions have expired and returned to 2020 limitations.
Child and Dependent Care Credit – The enhanced provisions have expired and returned to 2020 guidelines.
COVID Retirement Plan Distribution – Third and final distributions installments will be reported on 2022 returns.
Premium Tax Credits – The credit provisions were expanded and extended through 2025.
Energy Efficiency Credits – The tax credits have been extended and expanded, going into effect in 2023.
Tax Extenders –All provisions extended through 2021 will expire on December 31, 2022.
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