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Home Market Research Markets

Here’s How Much Your Standard Deduction Just Increased

by TheAdviserMagazine
6 months ago
in Markets
Reading Time: 1 min read
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Here’s How Much Your Standard Deduction Just Increased
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The federal government regularly adjusts everything from Social Security benefits to retirement account limits to account for inflation. The same goes for some key aspects of federal income taxes, including the standard deduction. And 2026 will be no exception: Every standard deduction is increasing, the IRS just announced. Additionally, the standard deduction for 2025 will be higher than…



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