2025 Tax Brackets And Standard Deduction For Seniors. It’s important to ensure that personal information, like birthdate, accurately reflects. In a move to counteract inflation, the irs has announced adjustments to the tax brackets for 2025, increasing income thresholds by 2.8%.
For the 2025 tax year — the taxes most people will pay in early 2026 — most single filers will take a standard deduction of $15,000, meaning they’ll pay no tax on that first. The standard deduction will go up to $15,000 for 2025 tax returns — up $400 from 2024 — for single taxpayers and married individuals filing separately.
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