2025 Standard Tax Deduction Married Jointly Over 65
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2025 Standard Tax Deduction Married Jointly Over 65. The standard deduction is a flat amount that reduces your taxable income and potentially your tax bill. The 2025 standard deduction is $14,600 for single filers and those married filing separately, $21,900 for heads of household and $29,200 for joint filers and surviving spouses.
For the tax year 2025, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023. Married couples filing jointly generally receive double the standard deduction offered to single filers, giving them a significant tax advantage.
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