2025 Tax Brackets And Standard Deduction For Married Couples . For 2025, the standard deduction will be $15,000 for single filers and those married filing separately, a $500 increase from 2024. The standard deduction will also increase in 2025, rising to $30,000 for married couples filing jointly, up from $29,200 in 2024.
Here’s a simple breakdown of how tax brackets work: The standard deduction is a critical part of tax planning, as it reduces taxable income, simplifying filing for millions of.
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