2025 Standard Deduction Over 65 Tax Brackets . The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400 from 2024. The extra deduction amount differs based on filing status and whether the taxpayer or.
The standard deduction for 2024 is $14,600 for individuals, $29,200 for married couples filing jointly. The amt exemption for 2025 is:
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