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IRS sets higher standard deduction, new tax brackets
IRS announces higher standard deduction, new tax brackets for 2025
Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard deduction. Start the day smarter. Get all the news you need in your inbox each morning.
IRS sets new tax brackets, raises standard deduction for 2025
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.
The IRS released 2025 federal income tax brackets for 2024 income. What will yours be?
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers.
6h
on MSN
The IRS reveals your 2025 tax brackets as Trump’s tax cuts are set to expire
The Internal Revenue Service just set its levels for income-tax brackets and a commonly-used deduction that Americans will ...
6h
on MSN
2024 and 2025 Federal Income Tax Brackets, Standard Deductions, Tax Rates
Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...
CNET on MSN
10h
IRS Announces 2025 Federal Tax Brackets. Here's What That Means for Your Paycheck
Both federal income tax brackets and the standard deduction were raised for 2024. The higher amounts will apply to your 2024 ...
9h
on MSN
Here are the new federal income tax brackets for 2025—the standard deduction is now up to $30,000
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...
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