2025 Tax Brackets Vs 2025 Standard Deduction

2025 Tax Brackets Vs 2025 Standard Deduction. For singles, the deduction is $15,000, up by $400. The tax brackets are divided into income ranges, and each range is taxed at a different percentage.


2025 Tax Brackets Vs 2025 Standard Deduction

The irs adjusted tax brackets higher by 2.8% for the 2025 tax year. The 2025 standard deduction for married couples is $30,000, an $800 increase from 2024.

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