12/07/2022
Get Ready for taxes: What's new and what to consider when filing in 2023
IR-2022-213, December 6, 2022
WASHINGTON — The Internal Revenue Service encouraged taxpayers to take important actions this month to help them file their 2022 federal tax returns.
This is the second in a series of reminders to help taxpayers get ready for the upcoming tax filing season. A "Get Ready" page outlines steps taxpayers can take now to make tax filing easier in 2023.
Here's what's new and some key items for taxpayers to consider before they file next year.
Reporting rules changed for Form 1099-K. Taxpayers should receive Form 1099-K, Payment Card and Third Party Network Transactions, by January 31, 2023, if they received third party payments in tax year 2022 for goods and services that exceeded $600.
There's no change to the taxability of income. All income, including from part-time work, side jobs or the sale of goods is still taxable. Taxpayers must report all income on their tax return unless it's excluded by law, whether they receive a Form 1099-K, a Form 1099-NEC, Nonemployee Compensation, or any other information return.
Prior to 2022, Form 1099-K was issued for third party networks transactions only if the total number of transactions exceeded 200 for the year and the aggregate amount of these transactions exceeded $20,000. The American Rescue Plan Act of 2021 lowered the reporting threshold for third party networks that process payments for those doing business.
Now a single transaction exceeding $600 can require the third party platform to issue a 1099-K. Money received through third party payment networks from friends and relatives as personal gifts or reimbursements for personal expenses is not taxable.
The IRS cautions people in this category who may be receiving a Form 1099 for the first time – especially "early filers" who typically file a tax return during the month of January or early February – to be careful and make sure they have all of their key income documents before submitting a tax return. A little extra caution could save people additional time and effort related to filing an amended tax return. And if they have untaxed income on a Form 1099 that isn't reflected on the tax return they initially file, that could mean they need to submit a tax payment with an amended tax return.
If the information is incorrect on the 1099-K, taxpayers should contact the payer immediately, whose name appears in the upper left corner on the form. The IRS cannot correct it.
Some tax credits return to 2019 levels. This means that affected taxpayers will likely receive a significantly smaller refund compared with the previous tax year. Changes include amounts for the Child Tax Credit (CTC), Earned Income Tax Credit (EITC) and Child and Dependent Care Credit.
Those who got $3,600 per dependent in 2021 for the CTC will, if eligible, get $2,000 for the 2022 tax year.
For the EITC, eligible taxpayers with no children who received roughly $1,500 in 2021 will now get $500 in 2022.
The Child and Dependent Care Credit returns to a maximum of $2,100 in 2022 instead of $8,000 in 2021.
Visit Credits and Deductions for more details.
No above-the-line charitable deductions. During COVID, taxpayers could take up to a $600 charitable donation tax deduction on their tax returns. However, in 2022, those who take a standard deduction may not take an above-the-line deduction for charitable donations.
More people may be eligible for the Premium Tax Credit. For tax year 2022, taxpayers may still qualify for temporarily expanded eligibility for the premium tax credit.
Eligibility rules changed to claim a tax credit for clean vehicles. Review the changes under the Inflation Reduction Act of 2022 to qualify for a Clean Vehicle Credit.
Avoid refund delays and understand refund timing
Many different factors can affect the timing of a refund after the IRS receives a return. Although the IRS issues most refunds in less than 21 days, the IRS cautions taxpayers not to rely on receiving a 2022 federal tax refund by a certain date, especially when making major purchases or paying bills. Some returns may require additional review and may take longer to process if IRS systems detect a possible error, the return is missing information or there is suspected identity theft or fraud.
Also, the IRS cannot issue refunds for people claiming the EITC or Additional Child Tax Credit (ACTC) before mid-February. The law requires the IRS to hold the entire refund – not just the portion associated with EITC or ACTC.
Last quarterly payment for 2022 is due on January 17, 2023
Taxpayers may need to consider estimated or additional tax payments due to non-wage income from unemployment, self-employment, annuity income or even digital assets. The Tax Withholding Estimator on IRS.gov can help wage earners determine if there is a need to consider an additional tax payment to avoid an unexpected tax bill when they file.
Gather 2022 tax documents
Taxpayers should develop a recordkeeping system − electronic or paper − that keeps important information in one place. This includes year-end income documents like Forms W-2 from employers, Forms 1099 from banks or other payers, Form 1099-K from third party payment networks, Form 1099-NEC for nonemployee compensation, Form 1099-MISC for miscellaneous income, or Form 1099-INT if you were paid interest, as well as records documenting all digital asset transactions.
Ensuring their tax records are complete before filing helps taxpayers avoid errors that lead to processing delays. When they have all their documentation, taxpayers are in the best position to file an accurate return and avoid processing or refund delays or IRS letters.
Sign in to Online Account
An IRS Online Account lets taxpayers securely access their personal tax information, including tax return transcripts, payment history, certain notices, prior year adjusted gross income and power of attorney information. Filers can log in to verify if their name and address are correct. They should notify IRS if their address has changed. They must notify the Social Security Administration of a legal name change to avoid a delay in processing their tax return.
Get banked to speed refunds with direct deposit
The fastest way to get a tax refund is by filing electronically and choosing direct deposit. Direct deposit is faster than waiting for a paper check in the mail. It also avoids the possibility that a refund check could be lost, stolen or returned to the IRS as undeliverable.
Don't have a bank account? Learn how to open an account at an FDIC-Insured bank or through the National Credit Union Locator Tool. Veterans should see the Veterans Benefits Banking Program (VBBP) for access to financial services at participating banks.
Prepaid debit cards or mobile apps may allow direct deposit of tax refunds. They must have routing and account numbers associated with them that can be entered on a tax return. Taxpayers can check with the mobile app provider or financial institution to confirm which numbers to use.
【IRS Update】為報稅做好準備：2023年報稅時的新變化和注意事項
以下是納稅人在明年報稅前需要考慮的新內容和一些關鍵項目：
1. 1099-K表格的報告規則發生了變化。
如果納稅人在2022納稅年度使用了支付卡和第三方網絡交易服務，當收到超過$600美元的商品和服務的第三方付款將會在2023年1月31日之前收到1099-K表格。在2022年之前，只有當年度交易總數超過200筆並且這些交易的總金額超過$20,000美元時，才會為第三方網絡交易簽發1099-K表格。‘’2021年美國救援計畫法案‘’降低了此第三方網絡處理付款的申報門檻。現在超過600美元的單筆交易可能需要第三方平台開具1099-K表。不過通過第三方支付網絡從朋友和親戚那裡收到的作為個人禮物或個人開支報銷的款項不算在報稅的收入裡。如果收到1099-K上的信息不正確，納稅人要儘早聯繫發1099-K的付款人，其姓名顯示在表格的左上角。美國國稅局無法糾正表格上的錯誤。
2. 一些稅收抵免恢復到2019年的水平。
這意味著受影響的納稅人可能會收到比上一納稅年度更少的退稅。這些變化包括了兒童稅收抵免(Child Tax Credit/ CTC)，收入所得稅抵免(Earned Income Tax Credit/ EITC)以及兒童和受撫養人護理(Child and Dependent Care Credit)抵免的金額。
- 那些在2021年為每個撫養人獲得$3,600美元CTC的人，如果符合條件2022納稅年度可獲得$2,000美元。
- 對於EITC，沒有孩子的合格納稅人在2021年收到大約$1,500美元，現在將在2022年收到$500美元。
- Child and Dependent Care Credit將在2022年恢復到最高$2,100而不是2021年的$8,000。
3. 沒有線上(above the line)慈善扣除。
在COVID期間，納稅人可以在其納稅申報表中扣除高達$600美元的慈善捐贈款。但是在2022年如果納稅人使用的是標準扣除(standard deduction)將不可在線上扣除慈善捐款金額，只能在使用itemized deduction才可以扣除。
4. 更多人可能有資格獲得保費稅收抵免(Premium Tax Credit)。對於2022納稅年度，買了歐巴馬保險的納稅人可能仍有資格獲得保費稅收抵免的資格。
5. 2022年通貨膨脹減少法案(Inflation Resuction Act of 2022)對一些清潔能源車輛的資格規則更改將為一些2022年購買了清潔能源車的納稅人獲得抵免。
避免稅款延誤並了解退稅時間
在美國國稅局收到退稅後，許多不同的因素會影響退稅時間。儘管國稅局會在不到21天的時間內發放大部分退款，但國稅局提醒納稅人不要指望在某個日期之前收到2022年的聯邦退稅，尤其是在進行大宗採購或支付帳單時。如果國稅局系統監測到可能的錯誤、信息缺失或涉嫌身分盜用欺詐，國稅局需要額外審查並可能需要更長的時間來處理稅表。另外國稅局無法在2月中旬之前為申請EITC或額外兒童稅收抵免(ATAC)的人發放退款。法律要求國稅局暫時扣住全部退款，而這不僅僅是EITC或ACTC相關的部分。
2022年的最後一季度付款將於2023年1月17日到期
對於收到失業金、自顧收入、年金收入及數字貨幣等收入的納稅人可能需要考慮預估或額外的稅款並支付與國稅局，以避免在報稅時出現要多繳的稅金和罰款。IRS 網絡上有提供免費的預估稅款軟件給納稅人使用。
收集2022年稅務文件
納稅人應使用電子或者紙質把重要的信息保存在一個地方。這包括了來自雇主的W-2表格，來自銀行或其他付款人的1099表格、來自第三方支付網絡的1099-K表格、用於非僱員補償的1099-NEC表格、用於雜項收入的1099-MISC表格、或獲得利息的1099-INT表格以及所有數字資產交易的紀錄等。
登錄在線帳戶
IRS在線帳戶可讓納稅人安全的訪問他們的個稅信息，包括納稅申報單、付款歷史、某些信件通知、上一年的調整後的總收入和授權書信息。申報人可以登錄已驗證其姓名和地址是否正確。如果地址放生變化應及時通知國稅局。若是姓名有所更改需即時同時社會保障安全局，以免延誤處理稅表當國稅局對不上紀錄。沒有此帳戶的納稅人可去國稅局的網站註冊一個。
通過銀行直接存款可加快退款
獲得退稅最快的方法是通過電子報稅並選擇銀行直接存款。銀行直接存款比等待郵寄紙質支票更快。它還避免了退款支票丟失、被盜或因無法送達而退回國稅局的可能性。
