Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple. The IRS on Tuesday announced ...
The IRS makes such adjustments for each tax year to account for inflation, which has recently been on a downward trend.
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...
On Tuesday, the IRS revealed the updated inflation-adjusted tax brackets for 2025, with income thresholds increasing by ...
The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...
The IRS has announced higher standard deductions for U.S. taxpayers in 2025, allowing them to shield more income from ...