Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard ...

The Internal Revenue Service (IRS) releases these numbers as part of its annual inflation adjustments each year; the 2025 figures were announced in October 2024. Here are the standard deduction ...

As the 2025 deadline approaches in the coming months, double-check your standard deduction amount and filing status before ...

bringing their standard deduction to $30,000. Heads of household will benefit from a $600 increase, raising their deduction ...

Overall, for example, we're talking about roughly a 2.7% inflation-related adjustment that would apply to the standard deduction ... 5.4% in 2024 and 7.1% in 2023. “Each year select elements ...