Topic no. 551, Standard deduction - Internal Revenue Service
The standard deduction is a specific dollar amount that reduces the amount of income on which you're taxed. Your standard deduction consists of the sum of the basic standard deduction and …
2025 Standard Deduction Amounts and Method Details. - e-File
Dec 24, 2025 · 2025 Standard Deduction Amounts and Method Details. The IRS standard deductions are outlined here by age, blind, filing status. The new senior deductions are listed. …
Standard Deductions for 2024-2025 Tax Returns – Forbes Advisor
Oct 8, 2025 · How Does the Standard Deduction Work? If you claim the standard deduction, you’ll simply enter the available standard deduction on your Form 1040. The standard deduction …
Standard deduction 2025: What it is and how it works | Fidelity
Oct 10, 2025 · When you file your tax return, you likely have the option to take the standard deduction to lower your taxable income. It’s an option the vast majority of eligible people choose.
Standard Deduction 2025-2026: Amounts, How It Works - NerdWallet
4 days ago · What is the standard deduction? The standard deduction is a fixed amount you can subtract from your income to reduce how much of it is taxed.
2025 Standard Deduction - Jackson Hewitt
Jul 21, 2025 · In this article we’ll cover what the standard deduction is, who’s eligible, the 2025 standard deduction amounts by filing status, and more. The standard deduction is an amount …
Jan 31, 2025 · Standard Deduction, and Personal Exemption: 1988 to 2025 This report tracks changes in federal individual income tax brackets, the standard deduction, and the personal …