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 go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing ...

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.

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

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 ...