Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple. The IRS on Tuesday announced ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...
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 ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets estate and gift tax ...
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
It's typical for the IRS to make tax code changes each year to account for inflation. This also helps prevent "tax bracket ...