Standard Deduction Increase
- prabhat yaradi
- Jan 23
- 1 min read
The standard deduction for 2025 has increased to
Married filing jointly - $30,000
Single filers - $15,000
Heads of households - $22,500
For many taxpayers, taking the standard deduction may be more beneficial than itemizing. However, it's essential to calculate both options to determine which will result in the lower tax liability.
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