1. 2025 Tax Changes: The Standard Deduction Is Bigger—Again
Most taxpayers benefit automatically
The standard deduction increases again:
- $15,750 – Single filers
- $31,500 – Married filing jointly
- $23,625 – Head of household
Why this matters: Because most Americans do not itemize deductions, this change alone reduces taxable income for millions.
Pros
- Lower taxable income
- No extra forms or calculations
- Immediate benefit for most filers
Cons
- Little impact for taxpayers who already itemize
- Does not help households with very low income
IRS Announces Standard Deductions & Tax Rates for 2025 | What You Need to Know
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