IRS: Taxpayers will get bigger deductions and see changes to tax brackets in 2025Standard deductions for U.S. taxpayers will increase for 2025, helping to shield more income from taxation as inflation adjustments are made.
Taxpayers will get higher standard deductions in 2025: IRSHigher standard deductions for 2025 will allow U.S. taxpayers to shield more income from taxation, reflecting inflation adjustments.
IRS: Taxpayers will get bigger deductions and see changes to tax brackets in 2025Standard deductions for U.S. taxpayers will increase for 2025, helping to shield more income from taxation as inflation adjustments are made.
Taxpayers will get higher standard deductions in 2025: IRSHigher standard deductions for 2025 will allow U.S. taxpayers to shield more income from taxation, reflecting inflation adjustments.
Tax brackets 2025: IRS releases inflation adjustments for next yearThe IRS made minimal annual inflation adjustments for 2025, impacting tax brackets, deductions, and estate tax, aiming to mitigate bracket creep.