2025 Budget Tax Changes Irs. The income tax brackets for individuals are much wider for 2025 because of inflation during the 2023 fiscal year. 10%, 12%, 22%, 24%, 32%, 35% and 37%.
These four tax provisions introduced in the new year legislation have the potential to bring significant changes to the tax landscape. Here’s a detailed look at five specific changes that will affect how you file and plan for your taxes, based on information from ramsey solutions.