IRS raises 2027 standard deduction and child tax credit in its annual inflation adjustments
NEW YORK (AP) — The IRS released its annual inflation adjustments for the 2027 tax year, raising the standard deduction and the child tax credit. These adjustments will apply for tax returns filed in 2028. Many of the increases, which the IRS released on Nov.
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WTOP Washington DC
IRS raises 2027 standard deduction and child tax credit in its annual inflation adjustments (opens WTOP Washington DC)WTOP Washington DC's feed description
Kiplinger
IRS Just Raised the Child Tax Credit for 2027: See Your New Limit (opens Kiplinger)Kiplinger's feed description