standard deduction news

the standard deduction is now up to $30,000

IRS sets higher standard deduction, new tax brackets for 2025

For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some who are married

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Here are the new federal income tax brackets for 2025—the standard deduction is now up to $30,000

On Tuesday, the Internal Revenue Service announced its annual inflation adjustments for 2025, including updates to the federal income tax brackets and standard deduction. The standard deduction — which is the amount of money you can reduce from your income before it's taxed,

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2024 Standard Deduction: What are the new tax brackets for next year that you must know

On Tuesday, the IRS revealed the updated inflation-adjusted tax brackets for 2025, with income thresholds increasing by approximately 2.8% from 2024-the smallest rise in several ye

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IRS: Standard deduction to increase in 2025

For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to ...

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Trump's proposed car loan deduction isn't as shiny as you'd think

Former President Donald Trump spoke at length to the Detroit Economic Club on Thursday, rolling out a bit of news on a ...

Benzinga.com13d

Standard Deduction for Married Filing Jointly in 2024 & 2025 Announced by Harbor Financial

The Internal Revenue Service (IRS) has announced a new standard deduction for married couples filing jointly for the tax years 2024 & 2025. TRAVERSE CITY, MI, UNITED STATES, October 11 ...

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the standard deduction is now up to $30,000

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