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IRS raises 2027 standard deduction and child tax credit in its annual inflation adjustments

Katherine Langford
Editor-in-Chief · Tuesday, November 10, 2026 at 6:54 PM · 1 min read
IRS raises 2027 standard deduction and child tax credit in its annual inflation adjustments — Eau Claire Community news

The IRS has released its annual inflation adjustments for the 2027 tax year, raising the standard deduction and the child tax credit. These changes will apply to tax returns filed in 2028. The IRS announced the adjustments on November 5,…

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