Standard Deduction 2025 Married Jointly Married Filing Jointly

Standard Deduction 2025 Married Jointly Married Filing Jointly. Married individuals filing separately receive the same standard deduction as single filers, with an approximate 2.7% increase from 2024 to 2025. After the tcja was enacted, the base standard deduction amounts jumped to $13,000 (single filers) and $24,000 (married filing jointly).

Your itemized deductions need to exceed that dollar amount for itemizing to reduce your tax bill. The additional standard deduction for married taxpayers who are over age 65 at the end of the tax year and for taxpayers who are blind is increased to $1,600 ($2,000 for.