Young and the Invested on MSN

Be prepared: The 2026 standard deduction amounts

The 2026 basic standard deduction amounts represent an increase of 2.22%. That continues a string of smaller increases, ...
Older taxpayers now have access to some of the most generous standard deduction rules on record, and the stakes are high for ...
Taken together with the inflation measure the IRS uses, the agency says that—on average—the inflation-adjusted tax numbers ...
The One Big Beautiful Bill Act is making several major impacts on 2026 tax returns. Here are six notable changes that filers ...
The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. Each ...
For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...
The IRS widened income ranges for most tax brackets, which could slightly reduce how much is withheld from paychecks.