Tax Standard Deduction 2025

Tax Standard Deduction 2025. This higher standard tax deductions in 2025 will provide taxpayers with the opportunity to allocate more of their income toward shielding it from future taxation. For 2025, married couples over 65 filing jointly will also see a modest benefit.


Tax Standard Deduction 2025

For heads of household, the standard deduction will be $22,500 for tax year 2025, up $600 from the amount for tax year 2024. The irs lets most filers lower their taxable income by taking the standard deduction or itemizing their returns.

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