The inflation adjustment also changes, since the old rules used CPI values for the proceeding calendar year (ending Aug 31) instead of C-CPI-U values. See Title 26 Section 1(f)(3): https://www.law.cornell.edu/uscode/text/26/1 ("cost-of-living adjustment"). The relevant CPI values can be downloaded from https://www.bls.gov/cpi/data.htm, though we won't have all the inflation data needed for calculating 2025 adjustments until mid-September of this year at least.
Statistics: Posted by v42 — Fri Jun 14, 2024 5:49 am — Replies 8 — Views 849