Publication 501 (2024), Dependents, Standard Deduction, and ...
Table 1 shows the filing requirements for most taxpayers. Standard deduction increased. The standard deduction for taxpayers who don't itemize their deductions on Schedule A (Form …
6. Standard Deduction | Standard Dedutions by Year | Tax Notes
Dec 14, 2025 · Near the end of each year, the IRS issues a revenue procedure containing inflation-adjusted standard deductions for the following tax year. Below are the inflation …
2025 Standard Deduction Amounts and Method Details. - e-File
6 days ago · For previous or future tax year standard deductions click on the tax year on top of this page. The 2025 standard deduction amounts listed below have been updated based on …
Jan 31, 2025 · The following tables present the personal exemption and phaseout threshold amounts, standard deductions, limitations on itemized deductions, and statutory marginal tax …
2025 Federal Income Tax Brackets and Other 2025 Tax Rules
Sep 4, 2025 · This explainer outlines the basic calendar year 2025 tax rules in the aftermath of OBBB, including federal income tax brackets, the standard deduction, the Child Tax Credit …
Standard Deductions for 2024-2025 Tax Returns – Forbes Advisor
Oct 8, 2025 · What Is the Standard Deduction? The standard deduction is a flat dollar amount the IRS sets based on your filing status. It’s the simplest way to reduce your taxable income on …
IRS Releases 2026 Tax Brackets and Standard Deduction
Oct 10, 2025 · Both the tax brackets and the standard deduction for the 2026 tax year, which is filed in 2027, have increased to reflect inflation. Other changes from the 'One Big Beautiful Bill' …