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3 Tax Credits That Will Be More Generous Next Year — and 4 That Won’t

Kuzey

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You hopefully already know that the standard deduction tends to rise each year to account for inflation. But it’s not the only tax break with thresholds that tend to increase annually. Limits on certain federal income tax credits also typically receive inflation adjustments each year. The IRS has announced that the following three tax credits are among those whose limits will rise for the 2026…
 
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