US tax filing: IRS releases income tax brackets and standard deductions for 2026; here's what has changed
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The IRS has announced 2026 federal income tax bracket and standard deduction adjustments to combat bracket creep. Key changes include higher thresholds for the top 37% tax rate and increased standard deductions for various filing statuses. Seniors may also benefit from a temporary deduction under the One Big Beautiful Bill Act. What's Your Reaction?
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