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Microsoft News
2026 IRS tax brackets and deductions released: Will US pay less now? Check how much you’ll owe
The IRS has unveiled new federal income tax brackets and standard deductions for 2026, adjusting income thresholds to combat inflation and 'bracket creep'. Married couples filing jointly will see a higher standard deduction of $32,200, while single filers get $16,100. These changes aim to offer some financial relief to Americans next year.
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