The IRS has adjusted tax brackets and dozens of other provisions for inflation. Here's how that will impact your taxes.
For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married ...
When filing taxes next year on 2024 income, the standard deduction will increase for married couples and for single taxpayers ...
The IRS also boosted figures for dozens of other provisions, including long-term capital gains brackets, estate and gift tax ...
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 standard deduction will be $15,000 for individuals next year, and $30,000 for married couples filing jointly.
Americans have a better idea of the taxes they’ll be paying in 2025 thanks to new standard deductions and income tax brackets ...
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the ...
For tax year 2025, the exemption amount for unmarried individuals will increase to $88,100 ($68,650 for married individuals ...
CBS News business analyst Jill Schlesinger breaks down the new IRS 2025 tax brackets. Each year, the agency makes adjustments ...
The IRS has announced new federal income tax brackets and standard deductions for next year. The new policies start in the ...
The IRS released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other ...