2025 Irs Tax Brackets And Standard Deduction. The irs on thursday announced higher federal income tax brackets and standard deductions for 2025. The internal revenue service (irs) adjusts tax brackets for inflation each year, and because inflation remains high, itโ€™s possible you could fall into a lower bracket for the.


2025 Irs Tax Brackets And Standard Deduction

There are seven federal tax brackets for tax year 2025. The standard deduction is also increasing 5.4% in 2025, the irs said.

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