Oct 22, 2024 · For single taxpayers and married individuals filing separately, the standard deduction for 2025 is $15,750, and for heads of households, the standard deduction is $23,625.

Jul 7, 2025 · What is the new standard deduction amount for 2025? The standard deduction amounts have increased under the "One Big Beautiful Bill" (OBBB) between $1,150 and …

Oct 10, 2025 · What is the standard deduction for taxes in 2025 and 2026? Claiming this could lower your tax bill. The standard deduction is a flat amount that reduces your taxable income …

Oct 16, 2025 · The standard deduction is a popular way for taxpayers to reduce their taxable income. Your deduction amount depends on your age, filing status and other factors.

Jul 14, 2025 · Below are descriptions of new provisions from the One, Big, Beautiful Bill Act, signed into law on July 4, 2025, as Public Law 119-21, that go into effect for 2025.

14 hours ago · Key Takeaways 2025 Tax Brackets Adjusted: The IRS has adjusted tax brackets by approximately 2.8% to account for inflation, widening the thresholds for the 37% top …

5 days ago · Standard Deduction 2025 Tax Year: What’s New For the 2025 tax year, the standard deduction amount has gone up for every filing status. This new tax update is to keep up with …