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

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

The deduction reduces at a rate of 6% of the amount exceeding the threshold. For instance, a single filer with a MAGI of ...

See new IRS income tax brackets 2025, updated tax rates, standard deduction married filing jointly. How much will taxes will ...

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

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

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

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

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.