https://www.live-feeds.com/feed/irs-raises-2027-standard-deduction-and-child-tax-creditContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/irs-raises-2027-standard-deduction-and-child-tax-credithttps://www.live-feeds.com/feed/irs-raises-2027-standard-deduction-and-child-tax-credit#u199532Fri, 13 Nov 2026 23:10:21 +0000The IRS has increased the 2027 standard deduction and child tax credit through its annual inflation adjustments. The changes apply to tax returns filed in 2028 for the 2027 earnings year. Multiple outlets reported the adjustment, confirming the broader inflation-indexed update affects millions of filers. Specific deduction amounts and credit figures were not included in the provided source material.Why it mattersThe IRS routinely adjusts tax parameters for inflation each year. These adjustments determine how much income is shielded from taxation and the size of credits available to eligible fa