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Projected 2017 Inflation-Adjusted Tax Brackets and Other Key Figures

The break points to U.S. income tax brackets, standard deduction amounts, exemption amounts and many other tax items are adjusted annually for cost-of-living increases. These inflation adjustments are based on the average Consumer Price Index (CPI) for the 12-month period ending the previous August 31.

The August 2016 CPI has been released by the Labor Department. Using the CPI for August 2016 (released on September 16, 2016) and the CPIs for the preceding 11 months, Thomson Reuters Checkpoint has calculated the 2017 indexed amounts. This special report outlines these updated numbers for 2017.

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