2025 Standard Deduction Head Of Household Limit

2025 Standard Deduction Head Of Household Limit. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025. $15,000 (previously $14,600) married filing jointly:

The 2025 standard deduction for individuals who can be claimed as a dependent by another taxpayer is the greater of either (a) $1,350 or (b) the sum of the individual’s earned. For 2025, the standard deduction will be $15,000 for single filers and those married filing separately, a $500 increase from 2024.