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

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

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

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

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

As usual, tax bracket thresholds were raised. Many taxpayers are getting some additional relief beginning this year, though.

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

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

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

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

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

Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.