The IRS has announced the annual inflation adjustments for 2014, with the big news being the new tax brackets. Keep in mind these are for 2014 taxes--the ones you will be filing in 2015, not the ones you are currently working on. Married Filing Jointly and Surviving Spouses Married Filing Separately Single Taxpayers Head of Household Standard Deductions For more information on 2014 adjustments, including itemized deductions, AMT exemptions, and child tax credit, visit Kelly Philips Erb's Forbes article.