The standard deduction for married couples filing jointly for tax year 2023 rises to $27,700 …Marginal Rates: For tax year 2023, the top tax rate remains 37% for individual single …The Alternative Minimum Tax exemption amount for tax year 2023 is $81,300 and begins to …The tax year 2023 maximum Earned Income Tax Credit amount is $7,430 for qualifying …For tax year 2023, the monthly limitation for the qualified transportation fringe benefit and the …For the taxable years beginning in 2023, the dollar limitation for employee salary reductions …For tax year 2023, participants who have self-only coverage in a Medical Savings Account, …For tax year 2023, the foreign earned income exclusion is $120,000 up from $112,000 for tax …Estates of decedents who die during 2023 have a basic exclusion amount of $12,920,000, …The annual exclusion for gifts increases to $17,000 for calendar year 2023, up from $16,000 …