Money Talks News on MSN

Here's how much your standard deduction just increased

The popular federal income tax break is rising again due to inflation as well as the One Big Beautiful Bill Act.
Young and the Invested on MSN

New Standard Deduction for 2026: How Much Will Your Taxable Income Be Lowered?

Every year, as you file your federal income tax return, you have an important decision to make: itemize, or take the standard ...