IRS releases 2025 tax brackets: standard deduction raised to $15k single, $30k joint.

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www.nbcnews.com/business/taxes/irs-announces-new-federal-income-tax-brackets-2025-rcna176581

The standard deduction will go up to $15,000 for 2025 tax returns — up $400 from 2024 — for single taxpayers and married individuals filing separately.

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The standard deduction climbs to $30,000 — up $800 from 2024 — for married couples filing jointly.

For heads of households, the standard deduction will be $22,500 for tax year 2025 — up $600 from 2024.

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About 90% of taxpayers claim the standard deduction now and do not itemize deductions.

www.usatoday.com/story/money/taxes/2024/10/22/irs-adjusts-tax-rates-standard-deductions-for-2025/75794692007/

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