Irs 2025 Standard Deductions For Seniors. 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for. The irs is raising standard deductions for 2025:
The updated tax brackets and standard deduction for 2025 reflect the irs’s effort to keep pace with inflation, ensuring taxpayers aren’t unfairly penalized for modest income. The personal exemption for 2025 remains at $0 (eliminating the personal exemption was part of the tax cuts.