Millions of Americans are set to see changes to how much they can deduct, save and claim on their taxes, as the IRS has released its inflation-adjusted tax thresholds for 2026. The updates affect more than 60 tax provisions and are expected to apply to virtually all returns filed in 2027 for the 2026 tax year. One of the biggest shifts affects the standard deduction. For the 2026 tax year, married couples filing jointly would see their deduction rise to $32,200. Single filers and married

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