Irs 2025 Standard Deduction For Seniors

Irs 2025 Standard Deduction For Seniors. Increase from $14,600 (2024) to $15,000 in 2025. For couples who file jointly, that standard deduction will be $30,000 for 2025, an $800 jump from the year prior.

For taxpayers aged 65 and older, the internal revenue service (irs) provides an additional standard deduction as a recognition of the increased financial challenges. Standard deduction for age 65 and over.