2025 Irs Tax Brackets And Standard Deduction. The standard deduction reduces your taxable income and is used by most taxpayers who don’t itemize deductions. The standard deduction is $15,000 for single filers and $30,000 if you’re married filing jointly in tax year 2024.
$751,600 for married individuals filing jointly and surviving spouses, $626,350 for single individuals and heads of households, $375,800 for married individuals filing separately, and; The irs noted that for the head of household, the standard.