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These changes mostly affect wealthy taxpayers, but some middle-class folks also likely will benefit. Andrii Iemelianenko / Shutterstock.com
The income thresholds that trigger some important taxes are changing in 2023. The IRS is making the changes to account for inflation. The moves will mostly impact wealthy taxpayers, although some folks in the middle class also likely will benefit. Following are definitions of the three key taxes that are impacted and explanations of what will be new in 2023.
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