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If you’re a single taxpayer or married but filing separately for the 2025 tax year, the standard deduction rises to $15,000 for 2025, an increase of $400 from 2024 ... IRS Updates Earned Income ...
Tax brackets and other provisions are likely to be adjusted higher by 2.8% for the 2025 tax year, according to Bloomberg Tax and financial information services provider Wolters Kluwer, which both ...
The standard deduction will go up to $15,000 for 2025 tax returns — up $400 from 2024 − for single taxpayers and married people filing separately.. The standard deduction climbs to $30,000 − ...
The IRS just released its inflation-adjusted tax brackets for 2025 — and it’s the smallest increase in four years. Income thresholds for each tax bracket will rise by about 2.8% in the new ...
The 2025 tax season is in full swing, and if you haven’t yet filed, there’s still time to make sure you get everything right before submitting your returns to the IRS — but the clock is ticking.
The IRS Free File Program is a service that allows U.S. taxpayers to prepare and e-file their federal income tax returns for free. Through the program, commercial tax software companies that are part of the Free File Alliance offer free tax preparation software to tax filers with annual adjusted gross income (AGI) below $84,000 for Tax Year 2024.