The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
In 2026, for the tax year 2025, the standard deduction got a $400 boost, making it $15,000 for single filers. Married couples ...
The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...
The standard deduction will go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing separately.
The Internal Revenue Service issued its annual inflation adjustments for tax year 2025, including changes in the standard deduction, marginal rates, tax credits and dozens of other items as a result ...
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
Today the Internal Revenue Service announced increased to the federal income tax brackets and standard deduction for 2025. If ...