For tax year 2025, the IRS announced its annual inflation adjustments as shown below.1 These changes are for income tax returns that you would file in tax season of 2026. They include tax brackets, rates, deductions, and other important adjustments such as contribution limits for retirement accounts.
For more 2025 Income Tax Essentials, download the PDF here.
If you want to optimize your finances, we can help with your tax strategy. Our tax planning service is integral to our financial planning process which also includes investment management, estate planning, and insurance solutions. We also have tax preparation services available.
Contact your Mercer Advisors wealth advisor for more information. Not a Mercer Advisors client? Let’s talk.
1 “IRS releases tax inflation adjustments for tax year 2025,” IRS, Oct. 22, 2024.
