Yes, the minimum gross income amount is increasing in 2023.
The IRS announced that many key tax provisions will increase by roughly 7% to account for inflation.
For example, the standard deduction will increase to $27,700 for married couples filing jointly and $13,850 for single filers.
Additionally, the modified adjusted gross income amount used by joint filers to determine the reduction in the Lifetime Learning Credit is not adjusted for inflation for taxable years beginning after December 31, 2020, and the Lifetime Learning Credit is phased out for taxpayers with modified adjusted gross income in excess of $80,000 ($160,000 for joint returns).