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HomeFinanceDoes inflation affect your tax return? Yes, and here are 5 things...

Does inflation affect your tax return? Yes, and here are 5 things to watch out for.


As Americans complete their income-tax returns ahead of the April 18 filing deadline, they are revisiting the effects of last year’s scorching-hot inflation — even if they don’t realize it.

Like so much else in a person’s financial life, inflation seeps into their tax situation.

When the tax code attempts to account for rising prices, particular…



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