Answered: What change did the IRS make for 2023 to help taxpayers deal with inflation?

The Microsoft Rewards Bing HomePage Trivial quiz question is:  What change did the IRS make for 2023 to help taxpayers deal with inflation?

The options that are given for this Bing homepage quiz are listed below:

  • A: Suspended all audits
  • B: Increased standard deductions
  • C: Hiked taxes on top 1%

The correct answer to this Microsoft Rewards Bing HomePage Trivial quiz question is:

B: Increased standard deductions

See The Reason for That answer below:

The IRS is assisting Americans to protect their income from rising gas, energy, and food prices which have already eaten away at their income. The agency announced Tuesday that the income threshold for all tax brackets and the standard deduction would be raised Tuesday. source

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