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 now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, 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 ...

The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...

The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.

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

Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...

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 ...

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 ...

The IRS makes such adjustments for each tax year to account for inflation, which has recently been on a downward trend.