Now that the April 18 tax filing deadline has passed, it is helpful to acquaint yourself with revised tax limits for your 2022 return.
Check out our blog post for a Q&A about tax amounts that may have changed for 2022, including:
- I have a 401(k) plan through my job. How much can I contribute to it?
- How much can I contribute to an IRA for 2022?
- I sometimes hire a babysitter and a cleaning person. Do I have to withhold and pay FICA tax on the amounts I pay them?
- How much do I have to earn in 2022 before I can stop paying Social Security on my salary?
And more!