Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
S
Sheryllew
September 28, 2022
Question

New tax law

  • September 28, 2022
  • 1 reply
  • 0 views

What is the new tax law and how does it affect ms

    1 reply

    VegasTaxMan
    VegasTaxMan
    September 28, 2022

    Hi @Sheryllew  . The major new tax law in 2022 is the Inflation Reduction Act. It was passed by the 117th United States Congress and signed into law by President Joe Biden on August 16, 2022. This law includes three primary provisions : 

    Energy Efficient Tax Benefits

    Healthcare Tax Benefits

    Corporate Tax Changes

    You can find more details on our support site:

    Inflation Reduction Act of 2022: What it Means for You and Your Taxes 

    and here:

    What does the Inflation Reduction Act of 2022 mean for my taxes? 

     

    Hope that helps 🙂 !

    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification