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Friday Flight - Retreating Rewards, New Tax Brackets, & Workplace TRAPs #582

How to Money

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The IRS Has Changed Tax Brackets for Tax Year 2023

Tax brackets have gone up, basically in line with what we've seen for inflation. You can see those new tax brackets will link to the IRS website on our website at howtomoney.com. The standard deduction is also going up, which is another good thing for taxes. HSA limits went up by a few hundred bucks as well.

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