NEW TAX CHANGES FOR THE 2025 TAX SEASON-INCREASE STANDARD DEDUCTION AMOUNTS 2025

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Standard deductions for 2025.

For single taxpayers and married individuals filing separately for tax year 2025, the standard deduction rises to $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the standard deduction rises to $30,000, an increase of $800 from tax year 2024. For heads of households, the standard deduction will be $22,500 for tax year 2025, an increase of $600 from the amount for tax year 2024.

MAXIMUM EARNED INCOME TAX CREDIT FOR 2025. New tax changes for 2025 tax filing season.

The Earned Income Tax Credit (EITC) helps low- to moderate-income workers and families get a tax break. If you qualify, you can use the credit to reduce the taxes you owe – and maybe increase your refund. Earned income tax credits. For qualifying taxpayers who have three or more qualifying children, the tax year 2025 maximum Earned Income Tax Credit amount is $8,046, an increase from $7,830 for tax year 2024. The revenue procedure contains a table providing maximum EITC amount for other categories, income thresholds and phase.

What is the earned income tax credit for the 2025 tax filing season and the income requirements to claim the earned income tax credit in this video. Earned income tax credit explained 2025.

QUALIFYING DEPENDENT AGE REQUIREMENTS TO CLAIM THE EARNED INCOME TAX CREDIT 2024

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DISCLAIMER
Not an employee or representative of company
Just sharing for informational purposes. You can go directly to website listed In video for all information. Material provided should not be considered tax, accounting, or legal advice. Please consult a certified tax consultant for tax advice.

This video is under Fair Use: Copyright Disclaimer under Section 107 of the Copyright Act in 1976, Allowance is made for "Fair Use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright status that might otherwise be infringing.

#irs #standarddeduction #2025 #taxrefunds #taxchanges
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QUALIFYING DEPENDENT AGE REQUIREMENTS TO CLAIM THE EARNED INCOME TAX CREDIT 2024

TUTORIAL- How To Locate The Maximum Earned Income Tax Credit For 2024


Contact information to check the status of your delayed tax refunds

How to Amend A Tax Return'

IRS Identity Theft Cases Delayed

IRS 2 STEP IDENTITY VERIFICATION 2024

What do as of date mean on IRS online transcript 2024

IRS 2 STEP IDENTITY VERIFICATION 2024

How To Schedule an IRS Appointment by phone 2024

IRS 2024 TAX SEASON UPDATES Playlist

HOW To CHOOSE the CORRECT TAX FILING STATUS 2024
Rank your youtube videos in search and views download the tubebuddy app
copy link below

HOW TO CHECK THE STATUS OF AMENDED TAX RETURNS 2023 TAX REFUNDS

IRS increases retirement account contribution limits 2024

TOP 5 TEXT MESSAGE SCAMS OF 2023

IRS ANNOUNCEMENT 📣 BIG CHANGE COMING TAX SEASON 2024

TAX BRACKETS EXPLAINED FOR THE 2023-2024 TAX SEASON

IRS TWO STEP IDENTITY VERIFICATION PROCESS 2023

Tips to get a live person on the phone at the IRS

DISCLAIMER
Not an employee or representative of company
Just sharing for informational purposes. You can go directly to website listed In video for all information. Material provided should not be considered tax, accounting, or legal advice. Please consult a certified tax consultant for tax advice.

This video is under Fair Use: Copyright Disclaimer under Section 107 of the Copyright Act in 1976, Allowance is made for "Fair Use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright status that might otherwise be infringing.


#irs #standarddeduction #2025 #taxrefunds #taxchanges

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Nice one as always, thank you for sharing

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