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Upcoming Tax Changes Could Hit Californians Harder Than Most

Standard deduction: The standard deduction was nearly doubled for all filing statuses ($12,000 for single filers and $24,000 for married filing ...






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Tax Planning For The Tax Cuts and Jobs Act (TCJA) Sunset
The standard deduction for 2024 is $14,600 for single tax filers, and $29,200 for joint tax filers. These deductions will increase in 2025 due to the customary ...
Making the Tax Cuts and Jobs Act Permanent
The standard deduction would be scaled back by 5 percent. In 2026, it would be $14,250 ($28,500 for married couples filing jointly). The TCJA roughly doubled ...
2026 sunset of certain TCJA provisions | Securian Financial
*Number reflects 2017 law. In 2026, when TCJA section sunset and this comes back, this number will be adjusted for inflation based on chained CPI.
Tax Cuts and Jobs Act Expiration - The Budget Lab at Yale
Same as current law. Standard Deduction $16,500 for married filing jointly in 2026. $30,500 for married filing jointly in 2026.
Tax Planning for a Second Trump Presidency
If it expires, the standard deduction for a married couple will be approximately $16,525 in 2026, while the personal exemption will be about $5,275 (a married ...
Tax Expenditure Budget for Fiscal Year 2026 - Treasury
However, U.S. corporations generally receive a 50 percent deduction from U.S. tax on their GILTI (the deduction decreases to 37.5 percent in ...
Don't Wait and See What Potential Tax Law Changes May Bring
Standard deduction: For those who do not itemize, the standard income tax deduction was increased to $15,000 for single filers and $30,000 for ...
Get ready now for 2026 - Securian Financial
Qualified Business Income Deduction will be eliminated but the flat corporate tax of 21% would remain. We might start to see more corporate conversions to. C- ...
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