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2023: Will You Get a Stimulus Check? Let’s Find Out!

December 14, 2022 · Taxes
stimulus check
Photo by Aleksandr Grechanyuk from shutterstock.com

In any case, the Internal Revenue Service has announced that it will not be issuing any more stimulus checks from its end, so people in the United States should prepare for a tough financial year ahead (if you start saving and cutting down unnecessary purchases, this won’t be an issue for you). The IRS claims taxpayers are eligible for alternative tax credits beginning in 2023.

The CTC, EIC, and CDC are just a few examples of credits whose values fluctuate from year to year. This year, more taxpayers might be eligible for the Premium Tax Credit, while the Inflation Reduction Act of 2022 has made it possible for certain drivers to claim the Clean Vehicle Credit.

By using 2022 as the index year, the CTC base amount for the child tax credit could increase to around $2,060 in 2023. The credit would be about $2,400 in 2023 if inflation was indexed using 2018 as the base year.

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7 comments on “2023: Will You Get a Stimulus Check? Let’s Find Out!”

  1. Barbara Perry says:
    December 17, 2022 at 6:33 pm

    I became a widow in Mar 2020 which cut
    My income almost in half. I received a stimulus ck that
    Year but that ended in 2021. I am retired
    From federal svc since 2004 and am 86 yrs
    old and moved into a Senior Home in Oct
    2022. It takes my whole retirement ck to pay
    for sr. Home. Another stimulus check could
    really help me and thousand

    s of others like me.

    Reply
  2. connie gilde says:
    January 1, 2023 at 1:27 pm

    It would be nice to have some extra money to pay off some bills.

    Reply
  3. Steve says:
    January 1, 2023 at 4:26 pm

    How come morale is so low in the USA? Just ask Joe, the man from the Alamo.

    Reply
  4. Jim McCrea says:
    January 1, 2023 at 11:06 pm

    I’m a retired 40 year gov’t employee, My increase in retirement income for 2023 is 78 dollars monthly. My increase in health benefits costs is 73 dollars monthly. So, I have $5 a month to divide up for other inflated costs. You can guess if I’m happy about what’s happening in current affairs.

    Reply
  5. Walter Adams says:
    January 17, 2023 at 11:22 pm

    We don’t need them.

    Reply
  6. Cheryl Hooper says:
    January 26, 2023 at 5:06 pm

    Needing to know if will be receiving Stimulus Check

    Reply
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