IRS 2027 Tax Brackets Are Out: Standard Deduction Hits $16,600 Single and $33,200 Joint

IRS 2027 tax brackets standard deduction $16,600 single $33,200 joint

The IRS has released the tax numbers for 2027, and the headline is a bigger standard deduction. For tax year 2027, the standard deduction rises to $16,600 for single filers, $33,200 for married couples filing jointly, and $24,925 for heads of household. The IRS published the figures on November 5, 2026, in news release IR-2026-133 … Read more