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Re:The IRS is increasing the standard deductions for 2023 as... by vikingerik on Tuesday October 25, 2022 @05:04PM (#33336169)
It takes effect at the start of 2023. You'll want to increase your 401k contributions right away at start of the year if you want to be at the new maximum. You can't do 401k contributions later while filing the taxes like you can for an IRA.

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