2025 Irs Tax Brackets And Standard Deduction

2025 Irs Tax Brackets And Standard Deduction. The irs released the following tax brackets and income levels for 2025: The irs adjusts tax brackets annually in the fall, while also changing other tax provisions and standard deductions.

Let’s delve into the key changes and updates that taxpayers need to be aware of for the 2025 tax year. The 2025 tax year standard deduction for married couples filing jointly rises to $30,000 — an $800 increase from $29,200 for the 2024 tax year.