Irs 2025 Tax Rates And Standard Deductions. The irs announced its annual inflation adjustments tuesday for tax year 2025, setting marginal rates and bumping up standard deductions, earned income tax credits,. The internal revenue service has announced its annual inflation adjustments for tax year 2025, including the new standard deductions and marginal tax rates.
2025 tax brackets (marginal tax rates) here are the adjusted tax brackets for the 2025 tax year to account for inflation. The irs has increased tax brackets by 2.75% for 2025, with the top rate of 37% applying to incomes over $626,350 for singles and $731,200 for joint filers.
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