Standard Deduction 2025 Seniors Over 65 Calculator
Standard Deduction 2025 Seniors Over 65 Calculator. The standard deduction (used instead of itemized deductions) will increase by $400 for single filers and $800 for joint filers. The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400.
Tax system recognizes that seniors over 65 may have unique financial situations. The standard deduction amounts will increase to $15,000 for individuals and married couples filing separately, representing an increase of $400.
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