The 2026 Standard Deduction leaps to $32,200 (MFJ), automatically shielding more income for 9 out of 10 taxpayers.
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IRS sets $32,200 standard deduction for 2025 tax year
The IRS has raised the standard deduction for married couples filing jointly to $32,200 for the 2026 tax year.
2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.
Tax credits and tax deductions both decrease what you owe the IRS, but in different ways. Here's the difference, and how you can make them work for you.
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Homeowners: The SALT deduction is going up to $40,000. Here’s how to get the most out of it.
Homeowners now have the chance to write off much more of their state and local tax bills, and this could potentially lead to ...
Consider more than a dozen different deductions that can fatten your bottom line. Opinions expressed by Entrepreneur ...
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