IRS announces 2025 tax brackets, increase for standard deduction
The standard deduction will now be $15,000 for 2025, an increase of $400 from 2024. For married couples filing jointly, the deduction will be $30,000, up $800 from 2024. For heads of households, the standard deduction will be $22,500, up from $21,900 in 2024.
7hon MSN
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