(NEXSTAR) — It's official: 2025 will mark another year in which millions of Americans could take home more on each paycheck thanks in part to the latest inflation adjustments to the tax code announced by the IRS on Tuesday.

More than 60 tax provisions are changing, all of which will impact tax year 2025. That means they won't apply until you're filing taxes in 2026.

One of the most notable changes the IRS has announced are standard deductions rising and individual tax brackets shifting.

Standard deductions rise

Starting in tax year 2025, single taxpayers and married individuals filing separately will see their standard deduction rise to $15,000, up $400 from the current rate of $14,600. If you're married and filing jointly, your standard deduction will rise by $800 to $30,000, while heads of households will see an increase of $600 for a standard deduction of $22,500.

Remember, a standard deduction........

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