2025 Standard Deductions And Tax Brackets Irs

2025 Standard Deductions And Tax Brackets Irs. Bloomberg tax has released its annual projected u.s. The standard deduction for married couples filing jointly for tax year 2025 will rise to $29,200, an increase of $1,500 from tax year 2023.


2025 Standard Deductions And Tax Brackets Irs

Let’s take a closer look at what has been announced for the 2025. The standard deduction will rise to $15,000 for an individual or $30,000 for a married couple.

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