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 ...
Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
The IRS has announced the annual inflation adjustments for the year 2025, including tax rate schedules, tax tables and ...
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...
Here's a minor upside of inflation: if your income and deductions stay the same this year as last year, you'll pay less in ...
It's typical for the IRS to make tax code changes each year to account for inflation. This also helps prevent "tax bracket ...
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...