PolicyEngine / policyengine-app

PolicyEngine's free web app for computing the impact of public policy.
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Upload 2025 IRS update press release #2209

Closed DTrim99 closed 5 hours ago

DTrim99 commented 1 day ago

irs-2025-update

MaxGhenis commented 15 hours ago

https://blog.policyengine.org/federal-tax-inflation-adjustments-for-tax-year-2025-6ba6ce84f0a8

Table:

Filing Status 2024 Value CBO Forecast 2025 Value Difference
Single and Separate $14,600 $14,950 $15,000 +$50
Head of Household $21,900 $22,450 $22,500 +$50
Joint and Surviving Spouse $29,200 $29,900 $30,000 +$100