For single taxpayers and married individuals filing separately, the standard deduction rises to $15,000 — up $400 from 2024.
Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
Americans abroad get tax breaks, including foreign housing costs. IRS limits for high-cost cities have not changed in over a ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
The Internal Revenue Service (IRS) has announced the annual inflation adjustments for the 2025 tax year, detailing changes to ...
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...