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

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   For 2025 tax returns, the standard deduction will increase by $400 from 2024 for single taxpayers and some ... These new figures would apply when you file your 2025 federal income tax return in 2026.

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

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   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.

4. Tax season 2025: Everything to know before you file, and how ...

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   Filing status. 2024 standard deduction amount. Single. $14,600 (up $750 from 2023) Head of household. $21,900 (up $1,100 from 2023) Married filing jointly

5. Rate schedule (federal income tax) - Wikipedia

   en.wikipedia.org/wiki/Rate_schedule_(federal...

   (1) Because he is single, the pertinent rate table is Schedule X. [2] (2) Given that his income falls between $164,296 and $209,425, he uses the fifth bracket in Schedule X. [2] (3) His federal income tax will be "$33,602.42 plus 32% of the amount over $164,295." [2] Applying this formula to Taxpayer A, one arrives at the following result:

6. 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

7. 2025 Federal Income Tax Brackets and Rates: Everything You ...

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   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 ...