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Tag Archive for: irs inflation adjustments

You May Be Able To Deduct More From Your Income In 2024, IRS Says.

November 13, 2023

The IRS announced annual inflation adjustments for tax year 2024 in a Nov. 9 news release. More than 60 provisions were revised, including standard deductions and all seven tax brackets. The changes will apply to income tax returns filed in 2025. Here’s how the revisions will impact you.

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Inflation Boosted The 2023 Federal Income Tax Brackets. Here’s How Your Taxes May Compare To 2022

March 13, 2023

The IRS made annual inflation adjustments for dozens of tax provisions, including the federal income tax brackets for 2023, which may affect next year’s taxes, experts say.

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Tag Archive for: irs inflation adjustments

You May Be Able To Deduct More From Your Income In 2024, IRS Says.

Inflation Boosted The 2023 Federal Income Tax Brackets. Here’s How Your Taxes May Compare To 2022

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