What Is Standard Tax Deduction For 2025 . The irs has released higher federal tax brackets for 2025 to adjust for inflation. The 2025 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.
In a move aimed at boosting tax savings, the finance minister announced that the standard deduction limit. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.
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