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2025

2025 Tax Brackets And Standard Deduction For Seniors

2025 Tax Brackets And Standard Deduction For Seniors. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. There's an additional standard deduction for taxpayers 65 and older and those who are blind.


2025 Tax Brackets And Standard Deduction For Seniors

The 2025 standard deduction amounts are as follows: The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400.

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