Standard Deduction For 2025 Tax Year

Standard Deduction For 2025 Tax Year. For the tax year 2025, the irs has adjusted the amounts for inflation, thus benefiting those who prefer simplicity in tax filing. Whether you are a salaried employee, a small business owner or a tax professional.


Standard Deduction For 2025 Tax Year

The amount of the standard deduction is adjusted every year to account for inflation. Tax brackets for 2024 for tax year 2025:

Standard Deduction For 2025 Tax Year Images References :