For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
The IRS on Tuesday announced new inflation-adjusted tax brackets for the coming year, setting the standard deduction for a ...
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 ...
U.S. taxpayers will again see higher standard deductions for 2025, allowing them to shield more of their money from taxation ...
While the top tax rate of 37 percent remains unchanged, it will now apply to individuals earning more than $626,350 for ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
The standard deduction — which is the amount of money you can reduce from your income before it's taxed, if you choose not to itemize your deductions — will increase to $15,000 for individual filers, ...