Irs Tax Brackets 2024 Vs 2024. The federal estate tax exclusion for decedents dying will increase to $13,990,000 per person (up from $13,610,000 in 2024) or $27,980,000 per married couple in 2025. The standard deduction is increasing to $29,200 for married couples filing together and.
The agency also announced other changes that include a new standard deduction and a higher limit for flexible spending accounts. The federal estate tax exclusion for decedents dying will increase to $13,990,000 per person (up from $13,610,000 in 2024) or $27,980,000 per married couple in 2025.