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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 ...
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 ...
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.
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 ...
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 ...
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 ...