There's a good chance your tax refund will be smaller this year

Dec 6 2022 by Business Insider

 
Parents aren't getting monthly checks anymore.

Jose Luis Pelaez Inc./Getty

As part of President Joe Biden's first stimulus, Democrats expanded a slew of tax credits. However, many of those have now wound down, and it means smaller tax refunds for some filers. The Child Tax Credit and Earned Income Tax Credit will both be smaller for some taxpayers.

The end of the year is looming, and 2022's taxes are beckoning. But some taxpayers should get ready for smaller refunds when filing season finally...

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