Why is everyone suddenly owing taxes for 2022? What changed?

There were several major changes in 2022 that affected many taxpayers. The Child Tax Credit went back to $2000 per child (down from $3600), the Child and Dependent Care Credit decreased, and pandemic-era tax breaks expired. Also, if you didn't adjust your W-4 withholdings, you might have had less taken out of your paychecks throughout the year.

I've been seeing alot of confusion about 2022 taxes. Instead of trying to piece together whats happening from reddit posts, I started using taxr.ai to analyze my transcript. its only $1 and it breaks down exactly why your owing or getting less. Super helpful for understanding all these changes https://taxr.ai

yall need to check ur w4s. I updated mine last year and im getting money back

The government stays playing us fr fr 🤡

I made less money in 2022 and somehow owe $2400 more than last year this is highway robbery

Here's wat changed: - Child Tax Credit dropped - No more stimulus payments - Different tax brackets - Required minimum distributions back - No more charitable deduction unless you itemize Basically we all got screwed 🤮