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The IRS recently announced its annual tax brackets adjustment for 2026, raising income thresholds to account for inflation.

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The standard deduction is rising to $32,200 for married couples filing jointly in 2026, an increase of $700 over 2025.

Tax brackets are changing for 2026. You can make more money before moving up to a higher tax bracket. This could mean that you save money on your taxes compared with last year. Tax bracket changes ...