The standard deduction changes each year based on inflation. How much of a deduction you're entitled to depends on your age, filing status and other factors.

From standard deduction amounts to tax brackets and Medicaid cuts, here’s what individual filers need to know about tax ...

Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.

The IRS has announced an increase in the standard deduction for seniors in 2026, providing financial relief amid rising ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the ...

Each year, the IRS adjusts this deduction to reflect inflation and the rising cost of living. When the deduction increases, ...

The IRS raised 2026 tax brackets and deductions, giving retirees more room to keep their income tax-free. Here's how to make ...

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and easing bracket creep for most filers, while the 37% top rate still applies at ...

IRS: The additional standard deduction for heads of households and single filers aged 65 and over has gone up from $2,000 for ...

Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...

Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The IRS has announced an adjustment to the additional standard deduction for seniors in 2026, aimed at reducing taxable ...