2025 Tax Brackets And Standard Deduction

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2025 Tax Brackets And Standard Deduction. In tax year 2025, the standard deductions are as follows: The standard deduction went up by $750 to $14,600 for single taxpayers and married payers filing separately.


2025 Tax Brackets And Standard Deduction

For married couples filing jointly for tax year 2025, the deduction increased to $29,200, up $1,500 from tax year 2023, the irs said. These tax rates are for the 2025 tax year covering tax returns that will be filed in 2025.

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