Currently, our top marginal income tax rate is 37% (subject to change). The top rate on long-term capital gains is 23.8% which includes 3.8% of Net Investment Income Tax (NIIT).

There are many options for student loan forgiveness and discharge, but each has different eligibility restrictions and a different application process. Learn how to apply for student loan forgiveness.

So will the 2022 tax filing season be normal? Not likely. In addition to lasting health concerns, a number of new tax law provisions will create complications for some filers, as well as potential pitfalls to avoid. And maybe new tax laws by year's end.