When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the ...
On Tuesday, the Internal Revenue Service announced increases to the federal income tax brackets and standard deduction for ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...
The standard deduction will go up for 2025 tax returns by $400 from 2024 for single taxpayers and married individuals filing ...
“For married couples filing jointly, the standard deduction rises to $30,000, an increase of $800 from tax year 2024,” the ...
The standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.
Learn the IRS rates and inflation adjustments for 2024 federal taxes—tax brackets, federal income tax rates, new IRA rules, ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...
The starting annual income ranges for each tax rate increased based on inflation with each income range going up roughly 2.8% from tax year 2024.