The filing of 2022 Individual Income Tax Return is approaching and this year the filing due date changes to April 18, 2023 which is cause of the Emancipation Day holiday in the District of Columbia. Except that, the IRS also makes lots of changes during the tax year 2022. Now we summarize the following useful information for each taxpayer.

1. Standard deduction amount increased.
   
   For the tax year 2022, Internal Revenue Service (“IRS”) issue an new change on Standard deduction amount for all filers. The amount has been increased and all filers can claim more deduction on their 2022 tax returns. If you file with Single or Married filing separately status, the standard deduction amount increase from US$12,550 to US$12,950, besides that, the filing status of Married filing jointly or Qualifying surviving spouse and Head of household also increase US$800 and US$600 respectively.
   
   
2. New expansion on line 1 of Form 1040
   
   This year line 1 is expanded and there are new lines 1a through 1z. some amount that in prior year were reported on Form 1040 are now reported on Schedule 1, line 8r. For example, Scholarship and fellowship grants, pension or annuity and Wages earned while incarcerated are now report on Schedule 1, line 8r, 8t and 8u respectively.
   
   
3. Two credits are not available to claim on Form 1040
   
   Self-employed individuals can no longer claim Credits for sick and family leave and the health coverage tax credit also was not extended and is not available after 2021.
   
   
4. Changes on Credit for child and dependent care expenses and Child tax credit and additional child tax credit
   
   Both credit for child and dependent care expenses and child tax credit implemented by the American Rescue Plan Act of 2021 (ARP) were not extended. For 2022, the credit for child and dependent care expenses is nonrefundable. And the initial credit amount of the CTC also changes to US$2,000 for each qualifying child.
   
   
5. Changes to the earned income credit (EIC)
   
   The enhancements for taxpayers without a qualifying child that applied for 2021 but is not applicable for 2022. You must be at least age 25 but under 65 at the end of 2022 for claiming the EIC without a qualifying child in 2022. If you are married and filing a joint return, either you or your spouse must also require the age requirement.