|Return to Tax and Company News|
|Inflation Adjusted Amounts for 2017|
Post Date: 11/7/2016
|Last Updated: 11/7/2016|
- Rev. Proc. 2016-55
- IRS Notice 2016-62
Each year, a number of provisions in the Internal Revenue Code (IRC) are adjusted for inflation. The IRS recently released the inflation adjusted amounts for 2017. The following chart highlights a number of these adjustments, as they compare to the 2016 and 2015 amounts. A more complete list will appear in Tab 1 of the 1040 Edition/Deluxe Edition of TheTaxBook.
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