What Is The Standard Deduction In 2025 . The 2025 tax year standard deduction for married couples filing jointly rises to $30,000 — an $800 increase from $29,200 for the 2024 tax year. For single taxpayers and married individuals filing separately in tax year 2025, the standard deduction is rising to $15,000 — up $400 from 2024.
The standard deduction for 2025 is: You don’t pay federal income tax on every dollar of your income.
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Standard Deduction Decrease In 2025 What It Means For Taxpayers , For the 2025 tax year — the taxes most people will pay in early 2026 — most single filers will take a standard deduction of $15,000, meaning they’ll pay no tax on that first.
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What Is the Standard Deduction? [2024 + 2025] , The standard deduction is a fixed sum of income you can subtract from your taxable income without providing details.
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