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Important Tax Figures for 2023

The following table provides some important federal tax information for 2023, as compared with 2022. Many of the dollar amount increases are higher than in past years due to inflation.

Tax Figures for 2023
2023 Tax Figures

* Only available for active-duty members of the military. ** Provided by restaurants. This is part of a law signed on December 27, 2020, which provided COVID-19 relief. The 100% deduction returned to 50% in 2023.

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