13 New Tax Numbers to Know for 2023

The Internal Revenue Service on Tuesday released inflation adjustments for more than 60 tax provisions. The IRS' list of tax year 2023 adjustments is available in Revenue Procedure 2022-38 and generally applies to tax returns filed in 2024. The U.S. Bureau of Labor Statistics reported Oct. 13 that U.S. consumer prices increased 0.4% in September on a seasonally adjusted basis after rising 0.1% in August. Over the last 12 months, the all-items index increased 8.2% before seasonal adjustment. Check out the gallery for 13 of the IRS' tax inflation adjustments for 2023.