Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple. The IRS on Tuesday announced ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
Here's a minor upside of inflation: if your income and deductions stay the same this year as last year, you'll pay less in ...
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...