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Temporary Tax Deduction Increase for 2026 and 2027.

This bill proposes temporary changes to tax law by increasing the standard deduction for the 2026 and 2027 tax years. This means citizens can deduct a larger amount from their income before calculating taxes, potentially lowering their tax bills. The increase ranges from $2,000 to $4,000, depending on the filing status.
Key points
Standard tax deduction increases by $4,000 for married couples filing jointly and surviving spouses for tax years 2026 and 2027.
Heads of household receive an additional $3,000 deduction, and all other filers (e.g., singles) receive $2,000.
The change is temporary, applying only to tax returns filed for the 2026 and 2027 tax years.
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Introduced
Citizen Poll
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Additional Information
Print number: 119_HR_6781
Sponsor: Rep. Burchett, Tim [R-TN-2]
Process start date: 2025-12-17