On 15 November 2018, the U.S. IRS issued a release providing an overview of the tax inflation adjustments for tax year 2019 for individual taxpayers as included in Revenue Procedure 2018-57.
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WASHINGTON — The Internal Revenue Service today announced the tax year 2019 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2018-57 provides details about these annual adjustments. The tax year 2019 adjustments…