Each year, the IRS adjusts certain figures to keep up with inflation, and one of them is the standard deduction. And we just got updates for 2026 for this and most other inflation-dependent IRS ...
The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well. Assuming the same income, your tax bill could go down slightly for 2026. Each ...