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 Istha 2025  Form 2011

2011-2025 Form

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each year the IRS tweaks our tax brackets to adjust for inflation and the 2025 version just arrived one big change is to the standard deduction that's what most filers use it's the amount deducted from your income before the rest is taxed in 2025 the standard deduction goes up to $155,000 for single filers and 30,000 if you are filing jointly one more important change the earned income tax credit for low to Middle income filers is going up to a maximum of $8,000 the thing that's amazing about this tax credit you don't have to owe taxes to get it you just have to claim it and $88,000 to a low or middle- inome family huge bucks on the table the top income tax rate of 37% will be for individuals earning $626,000 or $752,000 for married couples

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