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IRS sets higher standard deduction, new tax brackets
IRS sets higher standard deduction, new tax brackets for 2025
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married
IRS announces 2025 tax brackets, increase for standard deduction
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the deduction will be $30,000, up $800 from 2024. For heads of households, the standard deduction will be $22,500, up from $21,900 in 2024.
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 have for their 2025 taxes. Take a long look at the numbers. Things might look a lot different for taxes in 2026.
7h
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 ...
9h
on MSN
IRS Announces Higher Standard Deductions for Taxpayers in 2025
The Internal Revenue Service (IRS) on Tuesday announced higher standard deductions for taxpayers in 2025 as part of its ...
6h
IRS releases new 2025 income tax brackets, standard deductions: Where do you fall?
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
5h
IRS announces higher standard deductions for 2025
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...
6h
on MSN
IRS Changes Tax Rules for 2025: Full List of Who's Impacted and How
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
10h
on MSN
Taxpayers will get higher standard deductions in 2025: IRS
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...
The Boston Globe
1d
IRS raises standard deduction, adjusts tax brackets for 2025
The
IRS
on Tuesday announced new inflation-adjusted tax brackets for the coming year, setting the
standard
deduction
...
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