U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...

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

While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...

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

NEW YORK — U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money ...

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

The maximum deduction includes the total amount of loans on your primary and secondary residences. The Tax Cuts and Jobs Act of 2017 nearly doubled the standard deduction, from $6,500 to $12,000 ...