IRS Announces 2026 Tax Brackets and Deductions
TL;DR Summary
The IRS announced inflation adjustments for over 60 tax provisions for 2026, including slight increases in tax brackets and standard deductions, permanent extensions of key provisions from the 2017 tax law, and new benefits such as a higher estate tax exclusion, increased earned income credits, and tax-free tips for workers, aimed at preventing bracket creep and providing tax relief to Americans.
Topics:top-news#inflation-adjustments#irs#standard-deductions#tax-and-finance#tax-brackets#tax-credits
- IRS releases 2026 tax brackets and higher tax deductions for 2025, 2026 tax years Axios
- IRS announces new federal income tax brackets for 2026 CNBC
- 2026 Tax Brackets and Federal Income Tax Rates Tax Foundation
- IRS reveals 2026 tax adjustments with changes from 'big, beautiful bill' Fox Business
- The 2026 Tax Brackets Are Here. See Where You Land. The Wall Street Journal
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