Standard Deduction Vs Itemized 2025

Standard Deduction Vs Itemized 2025. The standard deduction for the 2025 tax year (tax returns filed in 2026) is $15,000 for single filers and married people filing separately, $22,500 for heads of household, and. The standard deduction lowers your income by one fixed amount.


Standard Deduction Vs Itemized 2025

For the 2024 tax year (which you will file in 2025), the standard deductions are the following: The standard deduction is slightly higher if you are elderly.

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