Expiring or Extended Tax Breaks, Provisions

Tax Breaks
Cuts, Changes

Depending on the actions - or inactions - of Congress, tax breaks extend, change, and expire; tax rules are rewritten and dollar amounts are adjusted for most current or future tax years. Many times, changes not only apply for the tax year they were enacted for but also to future tax years. Exceptions to this are pointed out here or on the tax deduction or tax credit pages.

Tax Breaks 2022 in 2023

Tax breaks reduce your tax liability and may even increase your tax refund. There are tax savings resulting from tax deductions, tax credits, and other tax incentives. Tax breaks may affect businesses, self-employed, and other individual taxpayers. If you find it hard to keep up with these tax changes, use the eFile.com tax calculators before you start and e-file a tax return on eFile.com.

The good news is that you don't have to be up-to-date on this as the eFile.com Tax App will automatically report the correct tax breaks on your return based on your answers to several simple questions. 2022 Taxes are due April 15, 2023:

Start Your 2022 Tax Return Now
Already have an eFile.com account? Sign In

Some tax breaks and regulations that expired or changed at the end of 2021 and 2022 are:

Stimulus payments or programs were not brought back for 2022 and thus you cannot claim any missing stimulus checks or advance CTC payment by filing a 2022 Return. These need to be claimed on a 2021 Return; stimulus 1 and 2 are claimed on a 2020 Return. Keep up with changing tax laws on the tax news page.

The table below summarizes tax breaks which expired at the end of 2020. This means that these are tax breaks which can not be claimed or used on a 2021 or 2022 Tax Return.

Expiring Federal Tax Provisions by Dec. 31, 2020 1 as of Jan. 16, 2020
Credit for certain nonbusiness energy property - sec. 25C(g) - brought back in 2021, rebranded as the Energy Efficient Home Energy Credit in 2022, 2023.
12/31/2020
Credit for qualified fuel cell motor vehicles - sec. 30B(k)(1)) - altered and phased out through 2023, extended through 2033.
12/31/2020
Credit for alternative fuel vehicle refueling property - sec. 30C(g)) - altered and phased out through 2023, extended through 2033.
12/31/2020
Credit for two-wheeled plug-in electric vehicles - sec. 30D(g)(3)(E)(ii)) - extended through 2033.
12/31/2020
Credit for health insurance costs of eligible individuals - sec. 35(b)(1)(B))
12/31/2020
Deduction for qualified tuition and related expenses - sec. 222(e))
12/31/2020
Second generation biofuel producer credit - sec. 40(b)(6)(J))
12/31/2020
Indian employment credit - sec. 45A(f)
12/31/2020
Credit for production of Indian coal - sec. 45(e)(10)(A)
12/31/2020
New markets tax credit - sec. 45D(f)(1))
12/31/2020
Credit for construction of new energy efficient homes - sec. 45L(g))
12/31/2020
Mine rescue team training credit - sec. 45N(e))
12/31/2020
Employer credit for paid family and medical leave - sec. 45S(i))
12/31/2020
Work opportunity credit - sec. 51(c)(4))
12/31/2020
Exclusion from gross income of discharge of indebtedness on principal residence - sec. 108(a)(1)(E))
12/31/2020
Treatment of premiums for certain qualified mortgage insurance as qualified residence interest - sec. 163(h)(3)(E)(iv))
12/31/2020
Medical expense deduction: adjusted gross income (AGI) floor 7.5 percent - sec. 213(f)) - extended through 2022.
12/31/2020
Black Lung Disability Trust Fund: increase in amount of excise tax on coal - sec. 4121(e)(2))
12/31/2020

Tax Years 2018 - 2025

The tax breaks listed below have been changed, extended, added, or expired as of recent years due to tax reform. Also, see the tax year changes listed below as they apply for 2019 and beyond - the Tax Cuts and Jobs Act (TCJA) intended to make changes to last from 2018 Returns through 2025. This means these changes will apply on your IRS 2022-2025 Tax Year Returns - eFileIT. There have been various changes to the tax code - see the American Rescue Plan Act as well as the Build Back Better Plan which failed to pass. Should anything of the listed tax breaks change in the coming tax years, this page will be updated accordingly. For state related tax breaks, visit individual state pages. Simply prepare and e-File your 2022 Taxes to be assured that all the latest tax breaks will be applied to your personal tax returns based on a simple online tax interview.

Here are some highlights from the TCJA:

  • Alimony & Tax Deduction: This only applies to payments required under a divorce or separation agreement made before the end of 2018. Payments under agreements made January 1, 2019 and later do not qualify for the deduction. Details on divorce and taxes.
  • Individual Health Care Tax Penalty: This eliminated penalty applies to taxpayers who did not have health insurance for the entire year and did not claim an exemption for not having insurance.

These tax breaks were changed, extended, added, or expired on January 1, 2018. These changes apply to tax returns for Tax Year 2018 through Tax Year 2025 as it stands now. Should this change, this page will be updated accordingly; click each item for more details. When you prepare your 2022 Tax Return via eFile.com, you can be certain that, based on your answers during the tax interview, all the latest tax breaks will be reported on your tax return. 

Changed

Extended

Added

Expired

You can keep up to date on the latest information about available tax breaks on eFile.com. We will always update our site with the most recent tax law changes. However, when you prepare and e-file your tax return on eFile.com, you don't have to worry about which tax breaks have changed. We will apply the newest IRS data to your tax return. At eFile.com, we guarantee a 100% accurate tax return and the biggest possible tax refund (or lowest tax balance due) allowed by law. Learn more about eFile.com's service guarantees.

Additional Resources

1 Report on Expiring Tax Provisions as of Jan. 16, 2020 - Congressional Research - Tax Extenders.

WatchIT