What Is The Standard Deduction For 2025 Joint
What Is The Standard Deduction For 2025 Joint. Here's a look at the projected numbers for the tax year 2025, beginning jan. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.
The standard deduction is the fixed amount the irs allows you to deduct from your annual income even if you. Tax year 2025 standard deduction amounts (filed in 2025) 2025 standard deduction amounts: