For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
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 ...
The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple. The IRS on Tuesday announced ...
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...
Here's a rundown of major tax changes, limits and thresholds on some well-known tax rules for the 2025 tax year.