U.S. taxpayers will see higher standard deductions for 2025, the IRS announced Tuesday. Here's what you can expect.

The IRS announced Tuesday that the standard deduction would increase by $800 for the 2025 tax year, rising to $30,000 for ...

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.

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

Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...

The IRS on Tuesday provided its annual inflation adjustments for over 60 tax provisions in tax year 2025, including increases in the standard deduction for married couples and single individuals.

The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly The Internal Revenue Service just set its levels for income-tax brackets and a commonly ...

The IRS announced that income tax bracket thresholds will rise by about 2.8% for 2025. The modest increase reflects a ...

What is not changing is the top tax rate. The IRS says that will remain at 37% for individual single taxpayers with incomes ...