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 ...
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...
Both federal income tax brackets and the standard deduction were raised for 2024. The higher amounts will apply to your 2024 ...
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 ...
Key Takeaways The IRS has updated its tax brackets, standard deduction, and other items for the 2025 tax year.Dollar values ...
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...