MiBolsilloColombia on MSN

Standard deduction 2026: The new numbers you need to file your taxes

The IRS has updated standard deduction amounts for 2026 to reflect inflation and recent law changes, helping taxpayers avoid ...
MiBolsilloColombia on MSN

The IRS is giving millions of Americans a larger tax deduction in 2026. Are you one of them?

The IRS has increased the standard deduction for the 2026 tax year. Find out the new amounts and how this change could lead ...
AOL

Standard vs. Itemized Deductions: A Simple Guide To Choosing the Right Path

Each spring, millions of taxpayers face a deceptively simple question — take the standard deduction or itemize? For those not versed in the lingo of taxes, the distinction can be confusing. But ...
Ledger-Enquirer

These GA taxpayers will owe less in 2026 under new federal tax brackets. See what you’ll pay

The IRS announced new federal income tax brackets for 2026 on Oct. 9, along with adjustments to the standard deduction. These stem from the One Big Beautiful Bill (OBBB), which directed the IRS to ...
AOL

IRS Confirms 2026 Tax Bracket Updates. What Top Earners Need to Know.

The IRS recently released the inflation-adjusted tax brackets for the 2026 tax year. The updated standard deduction was announced as well. With all other factors being equal, some high earners could ...
Morningstar

Homeowners: The SALT deduction is going up to $40,000. Here's how to get the most out of it.

The SALT deduction is only available to taxpayers who itemize their deductions rather than claiming the widely used standard deduction The decision on whether to take the standard deduction or itemize ...
CNET

Income Tax Rules Are Changing. Get the Essential Info Before You File Your Tax Return

A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...