WASHINGTON, D.C. — The Internal Revenue Service (IRS) released Revenue Procedure 2025-32 , detailing inflation adjustments to more than 60 tax provisions for tax year 2026. While some of the changes follow expected trends, the package includes notable boosts and tweaks that could influence filing strategies and tax planning.

Among the major shifts for 2026 (for returns filed in 2027):

Other indexed changes cover earned income tax credits (EITC), transportation fringe benefits, health flexible spending accounts, medical savings account limits, foreign earned income exclusion and gift exclusion rules, the IRS said.

Some items remain unmoved by indexing. Personal exemptions remain at zero, a change rooted in the Tax Cuts and Jobs Act of 2017 , and the itemized deduction limit, eliminat

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