Standard Tax Deduction 2025

Standard Tax Deduction 2025. For 2025, the standard deduction will be $15,000 for single filers and those married filing separately, a $500 increase from 2024. Dependents benefit from a unique calculation that protects their earnings, while seniors receive higher.


Standard Tax Deduction 2025

For filers who claim the standard deduction in tax year 2025, single taxpayers and married individuals who file separate returns will get to claim. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.

Standard Tax Deduction 2025 Images References :

Updated: