The IRS says the standard deduction and earned income tax credit are each going up slightly in 2026 for most taxpayers.
The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.
The adjustments come as the deadline to file your state tax return approaches, as well as your federal tax return if you requested an extension.
The IRS has released its 2026 tax brackets and other key updates — and most Americans will see slightly larger deductions when they file their returns in 2027. The standard deduction for married ...
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