2025

Tax Year 2025 Standard Deduction

Tax Year 2025 Standard Deduction. The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed. A handful of tax provisions, including the standard deduction and tax brackets, will see new limits and.


Tax Year 2025 Standard Deduction

The irs released the 2025 standard deduction amounts you’ll use for your 2025 tax return. Other tax provisions for the 2025 tax year will also likely increase by about 2.8% next year, including the standard deduction, according to the.

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