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Standard Deduction

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Latest Standard Deduction stories

• IRS Raises 2027 Federal Tax Bracket Thresholds and Standard Deduction

  The thresholds apply to tax year 2027 returns filed in 2028. The standard deduction will be $33,200 for joint filers and $16,600 for single taxpayers.

  Nov 7, 2026, 3:45 AM EST · Regulation