Irs 2025 Standard Deduction For Seniors

Irs 2025 Standard Deduction For Seniors. The standard deduction reduces your taxable income to help lower your federal tax bill. Your paycheck could be slightly bigger in 2025 due to inflation adjustments from the irs.


Irs 2025 Standard Deduction For Seniors

For 2023, the standard deduction amount has been increased for all filers. For taxpayers who are married and filing jointly, the standard deduction for the 2025 tax.

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