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 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 ...
Although inflation has ebbed, taxpayers will continue to enjoy inflation adjustments to their 2025 taxes — even though it’s ...
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 ...
On Tuesday, the IRS revealed the updated inflation-adjusted tax brackets for 2025, with income thresholds increasing by ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
The IRS also released updated numbers on several other tax markers, including the standard deduction, which rose $400 from ...
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...