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  2. IRS sets higher standard deduction, new tax brackets for 2025

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    The standard deduction climbs to $30,000 − up $800 from 2024 − for married couples filing jointly. For heads of households, the standard deduction will be $22,500 for tax year 2025, up $600 ...

  3. What are the tax brackets for tax years 2024 and 2025? What ...

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    For married couples filing jointly for tax year 2024, the deduction increased to $29,200, up $1,500 from tax year 2023, the IRS said. The IRS noted that for the head of household, the standard ...

  4. IRS Updates Earned Income Tax Credit for 2025: More ... - AOL

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    Married couples who file jointly will also see an increase in the standard deduction: in the 2025 tax year, the standard deduction will jump to $30,000, an increase of $800 from tax year 2024.

  5. IRS announces higher standard deduction, new tax ... - AOL

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    The standard deduction climbs to $30,000 — up $800 from 2024 — for married couples filing jointly. For heads of households, the standard deduction will be $22,500 for tax year 2025 — up $600 ...

  6. The 2025 tax brackets are here. How much will you owe? - AOL

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    Married couples filing jointly: $30,000. Married couples filing separately: $15,000. Going back to our example of a single filer who earns $50,000 in 2025: If you took the standard deduction of ...

  7. When is Tax Day 2025? All about deductions, income ... - AOL

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    The standard deduction for 2024 is $14,600 for individuals and $29,200 for married couples filing jointly. What is the standard deduction for seniors? People over 65 qualify for an additional ...