All taxpayers should understand eligibility for credits, deductions

Tax credits and deductions can help lower the amount of tax owed. All taxpayers should begin planning now to take advantage of the credits and deductions they are eligible for when they file their 2022 federal income tax return next year. Here are a few facts that can help taxpayers with their year-round tax planning: —Adjusted Gross Income, or AGI, is a taxpayer’s total gross inc...

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