2025 Standard Deductions And Tax Brackets Married Jointly
2025 Standard Deductions And Tax Brackets Married Jointly. For couples who are married filing jointly the standard deduction increases. This deduction can significantly lower your taxable income,.
In 2025, the income limits for all tax brackets and all filers will be adjusted for inflation and will be as follows (table 1). The standard deduction for married couples filing jointly was $29,200 in 2024, while heads of household saw a $21,900 standard deduction in 2024.