For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
Both federal income tax brackets and the standard deduction were raised for 2024. The higher amounts will apply to your 2024 ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
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 ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
The IRS on Tuesday announced new inflation-adjusted tax brackets for the coming year ... The new tax brackets, standard ...
In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...