IRS Unveils New Federal Income Tax Brackets for 2025

The tax agency also stated that it is increasing the standard deduction.

The Internal Revenue Service (IRS) in Washington, on Aug. 12, 2024. Madalina Vasiliu/The Epoch Times

The IRS on Oct. 22 unveiled the new federal income tax brackets for 2025.

Every bracket was changed, including the top one. Single taxpayers making more than $636,350 and couples making more than $751,600 will be subject to a 37 percent tax rate. That’s up from $609,350, and $731,200, respectively.