Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.
Here are the tax rate schedules, tax tables and cost-of-living adjustments for 2026, including new and increased deductions ...
The IRS has announced an increase in the standard deduction for seniors in 2026, providing financial relief amid rising ...
The new tax deduction on car loan interest is only available for tax year 2025 through tax year 2028. So, you can only use it ...
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
For tax year 2026, the IRS says the standard deduction for singles is $16,100, an increase of 2.2% from the current tax year. For heads of household, the standard deduction is $24,150, and for married ...
If you’re retired and filing taxes, these five tax credits and deductions could provide thousands in relief (if you qualify).
Axios Visuals The Internal Revenue Service on Thursday announced the annual inflation adjustments for more than 60 tax provisions — including income tax brackets, standard deductions and credits — for ...
The SALT deduction temporarily jumped to $40K under Trump’s tax reform, and the $750K mortgage interest cap is now permanent, ...
Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts ...
Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...