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IRS Raises 2027 Federal Tax Bracket Thresholds and Standard Deduction

The thresholds apply to tax year 2027 returns filed in 2028. The standard deduction will be $33,200 for joint filers and $16,600 for single taxpayers.
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The thresholds apply to tax year 2027 returns filed in 2028. The standard deduction will be $33,200 for joint filers and $16,600 for single taxpayers.