What Is Standard Tax Deduction For 2025. Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2025. And for heads of households, the standard deduction will be $21,900 for tax year 2025, an increase of $1,100 from the.
The standard deduction is a fixed dollar amount that reduces the amount of income you get taxed on. The standard deduction for tax year 2025 is $14,600 for singles, $29,200 for joint filers and $21,900 for heads of household.