2025 Tax Brackets And Standard Deduction For Seniors. The 2025 tax year standard deduction for married couples filing jointly rises to $30,000 โ an $800 increase from $29,200 for the 2024 tax year. The standard deduction for married couples filing jointly was $29,200 in 2024, while heads of household saw a $21,900 standard deduction in 2024.
Knowing the standard deduction amount for your status can help you determine whether you should plan to itemize or standard deduct next year; For the 2025 tax year โ the taxes most people will pay in early 2026 โ most single filers will take a standard deduction of $15,000, meaning theyโll pay no tax on that first.
2025 Tax Brackets And Standard Deduction For Seniors Images References :