quotingThe IRS hasn't updated some items for inflation in years:
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- $3k capital loss limit (1978). It'd be $15,248 now.
- $3k dependent care credit (1976). It'd be $17,140 now.
- $25k/$32k social security income tax brackets (1984). They'd be $77k/$99k now.
BTCandT on Nostr: Reposting this because of how much sense it makes… ...
Reposting this because of how much sense it makes…