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2. IRS sets higher standard deduction, new tax brackets for 2025

   www.aol.com/irs-sets-higher-standard-deduction...

   For heads of households, the standard deduction will be $22,500 for tax year 2025, up $600 from 2024. About 90% of taxpayers claim the standard deduction now and do not itemize deductions.

3. The 2025 tax brackets are here. How much will you owe? - AOL

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   Going back to our example of a single filer who earns $50,000 in 2025: If you took the standard deduction of $15,000, your taxable income would drop to just $35,000 ($50,000-$15,000). Other tax ...

4. IRS announces higher standard deduction, new tax ... - AOL

   www.aol.com/irs-announces-higher-standard...

   For heads of households, the standard deduction will be $22,500 for tax year 2025 — up $600 from 2024. About 90% of taxpayers claim the standard deduction now and do not itemize deductions.

5. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   The standard deduction is distinct from the personal exemption, which was set to $0 by the Tax Cuts and Jobs Act of 2017 for tax years 2018–2025. [ 5 ] Federal standard deduction

6. 2025 Federal Income Tax Brackets and Rates: Everything You ...

   www.aol.com/irs-tax-brackets-much-ll-143030733.html

   According to the Tax Foundation, if the 2017 Tax Cuts and Jobs Act expires as scheduled in 2025, the 2026 tax brackets could reflect higher tax rates. For example, taxpayers in bracket 2 could ...

7. IRS announces new tax brackets for 2025. How many Ohio ... - AOL

   www.aol.com/irs-announces-tax-brackets-2025...

   The IRS announced new federal income tax brackets on Tuesday, adjusting them for inflation. ... The agency also increased the standard deduction to $15,000 for those filing individually (an ...