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AP News Summary at 2:48 p.m. EST
By George Mitchell
IRS raises 2027 standard deduction and child tax credit in its annual inflation adjustments
George Mitchell
George Mitchell
Reporter · McDonough, GA
George Mitchell possesses a decade of experience in community journalism, having worked for the Atlanta Voice. He is a graduate of Morehouse College and is dedicated to amplifying underrepresented voices in McDonough.
More from George →Reporter · Tuesday, November 10, 2026 at 6:54 PM · 1 min read
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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