2025 Individual Standard Deduction , 2025 Individual Standard Deduction. Section 63 (c) (2) of the code provides the standard deduction for use in filing individual income tax returns. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse). Your standard deduction depends on your filing status, age and whether a taxpayer is blind. Learn how it affects your taxable income and any limits on claiming it. The Standard Deduction Will Be Cut Roughly In Half, The Personal Exemption Will Return While The Child Tax Credit (Ctc) Will Be Cut. The standard deduction is the portion of income not subject to tax that can be used to reduce your tax bill. The 2024 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 2024, it is $14,600 for single taxpayers and $29,200 for married taxpayers filing jointly, slightly. 2025 Individual Standard Deduction Images References : Standard Deductions Are Deducted From Your Taxable Income Automatically When You Prepare And Efile Your Taxes. This change will be either positive or negative depending. The Annual Standard Deduction Is A Static Amount Determined By Congress. They are $14,600 for single filers and married couples filing separately, $21,900. 2025
2025 Individual Standard Deduction. Section 63 (c) (2) of the code provides the standard deduction for use in filing individual income tax returns. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse). Your standard deduction depends on your filing status, age and whether a taxpayer is blind. Learn how it affects your taxable income and any limits on claiming it.