Skip to playerSkip to main content
Cheddar News
  • 1 year ago
Some Americans could see lower federal income taxes next year due to an annual bracket adjustment by the IRS.
Transcript
00:00Some Americans could see lower federal income taxes next year due to an annual bracket adjustment by the IRS.
00:06On the downside, the relief could be more modest than in the past two years.
00:11The agency increasing the income thresholds for each bracket, which will kick in for returns filed in 2026.
00:18The highest tax rate of 37% will affect individuals with taxable incomes exceeding $626,350
00:27and married couples filing jointly earning more than $751,600
00:33or more additionally, the IRS has adjusted figures for various provisions
00:37including long-term capital gains brackets, estate and gift tax exemptions, and eligibility for the child tax credit.
Be the first to comment
Add your comment

Recommended

0:45
Up next
Coinbase (COIN) Stock Plunges Amid Crypto Crash
Benzinga
10 hours ago
0:47
IRS Collects Over $1 Billion in Tax Debt from High-Income Individuals, Expands Scrutiny on Wealthy Americans with $250,000 in Tax Debt
Benzinga
1 year ago
0:40
IRS Releases Updated Tax Brackets for 2026
Cheddar News
5 weeks ago
0:30
Tax Revenue May Drop Over $500 Billion As More Americans Skip Payments
Benzinga
8 months ago
0:35
Wealthy Individuals Are Getting Away With Not Filing Tax Returns Using This Loophole. Here's How The IRS Is Cracking Down
Benzinga
1 year ago
0:42
Payments of Up to $1,400 Coming for 1 Million Eligible Taxpayers, IRS Confirms
Benzinga
11 months ago
2:11
IRS Reports They Are Making Staffing Changes Amid Shutdown
Rizzle
3 weeks ago
0:37
IRS Paying out More Money in Tax Refunds than Previous Year
Noticias Ya All Markets
4 years ago
1:00
Digital Currency Taxes
Stringr
3 years ago
0:36
IRS Forecasts Growing Tax Gap in the US, Reaching $688 Billion in 2021
Benzinga
2 years ago
2:18
IRS lawyer opens hot dog stand to keep working during government shutdown
Straight Arrow News
3 weeks ago
0:33
Senate Passes Bill to Simplify IRS Math Error Notices
Cheddar News
4 weeks ago
3:50
Tax Filing Trends 2025
LifeMinute.tv
9 months ago
0:32
Millions Of Americans Still Need To File Their Taxes
Wochit Tech
5 years ago
0:46
Trump Admin Workforce Cuts Could Slash IRS Staff By 40%, As 20,000 Employees Consider Deferred Resignations
Benzinga
7 months ago
1:06
IRS Chaos: Nearly Half of Workers Furloughed Amid Gov Shutdown
WooGlobe
6 weeks ago
0:46
Peter Schiff At Odds With Bernie Sanders Over Taxing Rich, Calls Upon Democrats To Cut Taxes: 'They're Already Paying 40% Of The Federal Income Tax'
Benzinga
1 year ago
1:21
IRS Reportedly Confirms $1,390 Stimulus Checks For Eligible Americans, Rumors Of $2,000 August Payout Debunked — Plans Late Summer Rollout
Benzinga
3 months ago
0:52
IRS Confirms $1,390 Stimulus Check Coming This Summer
Benzinga
3 months ago
17:31
Meta Faces €900 Million Euro VAT Bill in Italy Over User Profiles
Forbes
8 months ago
0:41
Could Unpaid Taxes Put Your Vacation in Jeopardy? IRS Revokes Passports for Delinquent Taxpayers
Benzinga
1 year ago
1:27
The Locomotion of Future Robots Could Be Powered by This Artificial Muscle.mp4
Amaze Lab
7 hours ago
1:07
A Stone Used as Doorstop Ends Up Being Ancient Amber Chunk Worth Over a Million Dollars.mp4
Amaze Lab
7 hours ago
1:13
New Asthma Drug Could Recover Lost Memories.mp4
Amaze Lab
7 hours ago
1:05
Target Sales Slip As Shoppers Shift To Rival Walmart
Benzinga
9 hours ago