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Post Date:  11/7/2016
Last Updated:  11/7/2016

Summary
Cross References
- 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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