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Form 8962 Instructions

Form 8962 Instructions

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Instructions and help about 2019 8962 instructions

hi guys Sandy Ingram here I am using AI to help me deliver the tax code updates for the tax year 20242 however all information is verified and correct the IRS recently introduced a series of tax code changes that could impact what you owe or save in 2025 these updates ranging from expanded deductions to increased health savings limits aimed to ease Financial strain and counter inflation the changes include benefits for areas like adoption commuting and foreign income with some boosts in transportation allowances for those in high cost cities and more flexible medical savings options for families High earners and those planning to leave an inheritance should pay close attention to adjustments in the Alternative Minimum Tax or AMT and estate taxes meanwhile middle income families can expect direct benefits from the standard deduction increase and a boost in the Earned Income Tax Credit in total the IRS revealed over 60 updates for the upcoming tax year here we'll highlight eight

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