Cyndie Thomasin

Standard Deduction 2025 Mfj. The 2.7% increase translates to a $400 jump in the basic standard deduction from 2024 to 2025 for single taxpayers, an $800 rise for joint filers,. The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400 from 2024.

The standard deduction, which reduces the portion of income subject to tax and is commonly claimed by the majority of taxpayers, will increase as follows: (returns normally filed in 2026) the irs has just announced that the standard deduction amounts are increasing between $400 and $800 from the.