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 also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
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 ...
On Tuesday, the IRS revealed the updated inflation-adjusted tax brackets for 2025, with income thresholds increasing by ...
The IRS also announced new tax brackets. For the 2025 tax year, the top tax rate remains 37% for individual single taxpayers with incomes greater than $626,350 ($751,600 for married couples filing ...
The IRS announced that income tax bracket thresholds will rise by about 2.8% for 2025. The modest increase reflects a ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...