The standard deduction is a specific amount that you can deduct from your taxable income before you calculate your taxes. The standard deduction varies depending on your filing status and is adjusted each year for inflation. For 2025, the standard deduction amounts are as follows:
- Single: $13,850
- Married filing jointly: $27,700
- Married filing separately: $13,850
- Head of household: $20,800
The standard deduction is a valuable tax break that can save you a significant amount of money on your taxes. If you are not itemizing your deductions, you should always claim the standard deduction.
