2025 Std Deduction. The 2025 tax brackets are here. Tax rates report provides early, accurate notice of the potential tax savings that could be realized due to increases in deduction limitations, upward.
(returns normally filed in 2026) the irs has just announced that the standard deduction amounts are increasing between $400 and $800 from the 2024. For comparison, the standard deduction amounts for single taxpayers and married taxpayers filing separately was $14,600 in 2024.