What Is The Standard Deduction For 2025 Over 65

What Is The Standard Deduction For 2025 Over 65. Individuals over 65 may qualify for a higher standard deduction, providing valuable tax savings and financial relief during retirement. Standard deduction 2025 ‍ 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.

The extra standard deduction for seniors explained. The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400.