Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...

Inflation pushes up the deductions to $15,000 for single taxpayers and married individuals filing separately and $30,000 for couples who file jointly.

On Tuesday, the Internal Revenue Service announced increases to the federal income tax brackets and standard deduction for ...

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...

Next year, the standard deduction will increase to $15,000 for single filers and $30,000 if filing jointly. The earned income tax credit for low—to middle-income filers will also increase to a maximum ...

The Internal Revenue Service has announced some notable changes for tax year 2025. New tax brackets reflect an increase of ...

The IRS has announced new federal income tax brackets and standard deductions for next year. The new policies start in the ...

The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...

In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...

The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...

The IRS on Tuesday announced its new inflation-adjusted tax brackets for 2025, with the annual income thresholds rising by ...

The starting annual income ranges for each tax rate increased based on inflation with each income range going up roughly 2.8% from tax year 2024.