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

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

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 ...

On Tuesday, the IRS revealed the updated inflation-adjusted tax brackets for 2025, with income thresholds increasing by ...

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 ...

Americans have a better idea of the taxes they’ll be paying in 2025 thanks to new standard deductions and income tax brackets ...

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

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