U.S. taxpayers can shield an extra $500 from taxation next year

The Washington Post · Julie Z. Weil · 2026-11-05 21:09 UTC

The IRS announced next year’s standard deduction and tax brackets.

The IRS on Thursday announced new tax brackets for income earned in 2027, including a standard deduction of $16,600 for individuals, $33,200 for married couples and $24,925 for singles with children who file as head of household.

For singles and couples, the new standard deduction means an extra $500 per person shielded from taxation, compared to the 2026 rates that will apply to this year’s income and will be used during the upcoming filing season.

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