2025 Standard Deduction For Seniors Married Filing Jointly
2025 Standard Deduction For Seniors Married Filing Jointly. After the tcja was enacted, the base standard deduction amounts jumped to $13,000 (single filers) and $24,000 (married filing jointly). Although you have $150,000 in net.
The standard deduction rises to $15,000 for 2025, an increase of $400. Here is a quick summary of standard deductions and tax brackets for 2025.