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

For single taxpayers and married individuals filing separately, the standard deduction rises to $15,000 — up $400 from 2024.

The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple. The IRS on Tuesday announced ...

In addition to higher standard deductions, the IRS has proposed several other significant changes for 2025. Notable ...

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

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...

The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...

For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...

The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...

When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...

The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...

The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...