Married Filing Jointly Standard Deduction 2025

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Married Filing Jointly Standard Deduction 2025

Married Filing Jointly Standard Deduction 2025. In its announcement on tuesday, the agency raised the income thresholds for each bracket, which applies to tax year 2025 for returns filed in 2026. There will also be changes for the standard.


Married Filing Jointly Standard Deduction 2025

The irs also announced an increase in the standard deduction for the 2025 tax year. Married filers, for example, can make up to $96,950 to remain with a top tax rate of 12%, compared with $94,300 in 2024.

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