The standard deduction is rising in 2026 by $350, or $700 for couples. The tax brackets are changing slightly as well.

Standard tax deductions are increasing across the board, but the news is even better for those 65 years and older.

IRS: The additional standard deduction for heads of households and single filers aged 65 and over has gone up from $2,000 for ...

The 2026 standard deduction for dependents is limited to either $1,350 or the sum of $450 and the dependent’s earned income, ...

The IRS finalized 2026 brackets and standard deductions—shifting thresholds upward under the One Big Beautiful Bill and ...

Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect ...

Up to 85% of your Social Security benefits may be taxed, but a new "senior deduction" can cut taxes—unless your income is too ...

The adjustments come as the deadline to file your state tax return approaches, as well as your federal tax return if you ...

Each year, the IRS adjusts this deduction to reflect inflation and the rising cost of living. When the deduction increases, taxpayers can keep more of their earnings, which effectively reduces their ...

With the right strategies in place, it is possible to maximize the deduction and lock in significant, recurring savings.

Adjustments to the extra standard deduction can impact the tax bills of millions of older adults. Here are some new amounts to know for 2026.