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

It's typical for the IRS to make tax code changes each year to account for inflation. This also helps prevent "tax bracket ...

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

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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 ...