Standard Deduction 2025 Head Of Household Married Jointly

Standard Deduction 2025 Head Of Household Married Jointly. Seniors over age 65 may claim an additional standard deduction of $2,000 for single filers and $1,600 for joint filers. The standard deduction for the 2025 tax year (tax returns filed in 2026) is $15,000 for single filers and married people filing separately, $22,500 for heads of household, and.

For example, if you’re married and file jointly, your standard deduction is $29,200 in 2024. The standard deduction is a critical part of tax planning, as it reduces taxable income, simplifying filing for millions of.