Tax Brackets For 2025 Filing . The new tax regime and the old tax regime. As the 2025 tax filing season approaches, the irs has announced significant changes to tax brackets, standard deductions, and credits for tax years 2024 and 2025.
The standard deduction rises to $22,500, an increase of $600. Thankfully, the irs just released the income tax brackets for 2025, allowing you to strategize for the upcoming tax year.
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