https://www.live-feeds.com/feed/irs-announces-new-federal-income-tax-brackets-for-2027Continuously updated, source-cited coverage. https://www.live-feeds.com/feed/irs-announces-new-federal-income-tax-brackets-for-2027https://www.live-feeds.com/feed/irs-announces-new-federal-income-tax-brackets-for-2027#u186227Sun, 08 Nov 2026 14:41:19 +0000The Internal Revenue Service has announced new federal income tax brackets, standard deductions, and higher exemption limits for 2027. Married couples filing taxes together will receive a standard deduction of $33,200. Additional updates include an increase to the child tax credit, which rises to $2,300, alongside a gift tax exclusion increase to $20,000. Taxpayers will also be able to shield an extra $500 from taxation next year. These inflation-adjusted thresholds arrive as households navigate ongoing financial pressures from the high cost of groceries, housing, and other daily necessities.W