2025 Tax Brackets And Standard Deduction Changes

2025 Tax Brackets And Standard Deduction Changes. New standard deduction for 2025. The new tax brackets for 2025 include rates ranging from 10% to 37%, with adjusted income thresholds based on inflation.

The irs released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025. What is the new standard deduction for 2025?