Your tax refund may be smaller this year. Here’s why – WTAE Pittsburgh
It’s tax-filing time and there are some big changes you need to know about before you file this year.
Pittsburgh’s Action News 4 spoke with the Internal Revenue Service about why your refund may be smaller than in the past.
“A lot of people may be seeing a lighter tax refund this year,” IRS spokesperson Luis Garcia told us.
With high inflation and a tighter budget, that got our attention.
Garcia says it all goes back to all the extras Americans got during the pandemic years.
In the video above, Garcia talks about avoiding tax preparation scams. Take a look at how you can steer clear of those scams.
Rossen Reports: Why your tax refund may be smaller, how to increase it
“The provisions from the pandemic have expired. So, the expanded child tax credit, the earned income tax credit, dependent care credit, those credits are all reverting back to what they were prior to the pandemic, so not as much money in people’s refunds,” he explained.
In some cases, Pittsburghers can expect a…
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