The Definitive Guide to the 2025 Standard Deduction: Everything You Need to Know
The standard deduction is a specific amount that you can deduct from your taxable income before you calculate your taxes. The standard deduction varies depending on your filing status and is adjusted each year for inflation. For 2025, the standard deduction amounts are as follows: Single: $13,850 Married filing jointly: $27,700 Married filing separately: $13,850 Head of household:… Read More »