Taxes 2025 Standard Deduction Amount

Taxes 2025 Standard Deduction Amount. Each year, the irs adjusts standard deduction amounts for inflation (similar to its tax rate brackets, maximum 401k and maximum ira contribution levels, etc.). The standard deduction for heads of households will be $22,500, up $600 from 2024.


Taxes 2025 Standard Deduction Amount

Each year, the irs adjusts standard deduction amounts for inflation (similar to its tax rate brackets, maximum 401k and maximum ira contribution levels, etc.). For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024.

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