Darlene H Perkins

2025 Standard Deduction Amount Irs. Standard deduction amounts (2025) kelly phillips erb also, for 2025, it's predicted that the standard deduction for an individual who may be claimed as a dependent by another taxpayer. The standard deduction rose in 2025.

Seniors over age 65 may claim an additional standard deduction of $1,950 for single filers and $1,550 for joint filers. The standard deduction, which reduces the amount of income you must pay taxes on, is claimed by a majority of taxpayers.