What Are Standard Deductions For 2025

What Are Standard Deductions For 2025. How much is the standard deduction going up in 2025? The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400 from 2024.


What Are Standard Deductions For 2025

However, the deductible cannot be more than $8,550, an increase of $200 versus the. Heads of households will have a standard deduction of $22,500 for tax year 2025, up $600 from this year.

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