Irs New Tax Brackets 2025. The irs adjusts its tax brackets and other provisions each year for inflation. The irs has updated its tax brackets, standard deduction, and other items for the 2025 tax year.
The irs adjusts tax brackets annually in the fall, while also changing other tax provisions and standard. The irs released its inflation adjustments to income thresholds for tax brackets as well as deductions, credits and other provisions that will take effect for tax year 2025.