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

The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well.

The 2026 standard deduction for dependents is limited to either $1,350 or the sum of $450 and the dependent’s earned income, ...

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

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

The IRS on Thursday announced adjustments to the federal income tax brackets and standard deductions for 2026.

The new 2026 tax brackets could save retirees thousands. Here's how to use the higher deductions and income thresholds to ...

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and ...

Here's a rundown of changes to some well-known tax provisions for the 2026 tax year, plus how the “big, beautiful bill” may ...

The One Big Beautiful Bill raised the standard tax deduction for married couples from $30,000 to $31,500 for tax year 2025, ...

Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts ...