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  2. The 2025 tax brackets are here. How much will you owe? - AOL

    www.aol.com/finance/2025-tax-brackets-much-owe...

    Most taxpayers opt for the standard deduction vs. itemizing. The standard deduction will increase to the following amounts in 2025: Single filers: $15,000. Heads of household: $22,500. Married ...

  3. What Is the Standard Deduction Amount for 2022-2023 and ... - AOL

    www.aol.com/finance/difference-between-standard...

    Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. Married, filing jointly: $25,900 for 2022, $27,700 for 2023.

  4. Tax season 2025: Everything to know before you file, and how ...

    www.aol.com/finance/tax-season-2025-everything...

    Here are the current standard deduction amounts for 2024, for returns filed in 2025: Filing status. 2024 standard deduction amount. Single. $14,600 (up $750 from 2023) Head of household.

  5. Standard deduction - Wikipedia

    en.wikipedia.org/wiki/Standard_deduction

    For dependents, the standard deduction is equal to earned income (that is, compensation for services, such as wages, salaries, or tips) plus a certain amount ($400 in 2023). A dependent's standard deduction cannot be more than the basic standard deduction for non-dependents, or less than a certain minimum ($1,250 in 2023).

  6. IRS sets higher standard deduction, new tax brackets for 2025

    www.aol.com/irs-sets-higher-standard-deduction...

    The standard deduction climbs to $30,000 − up $800 from 2024 − for married couples filing jointly. For heads of households, the standard deduction will be $22,500 for tax year 2025, up $600 ...

  7. IRS announces higher standard deduction, new tax ... - AOL

    www.aol.com/irs-announces-higher-standard...

    The standard deduction climbs to $30,000 — up $800 from 2024 — for married couples filing jointly. For heads of households, the standard deduction will be $22,500 for tax year 2025 — up $600 ...

  8. Should you itemize or take a standard deduction on your tax ...

    www.aol.com/news/itemize-standard-deduction-tax...

    According to tax pros, itemizing generally only makes sense if your itemized deductions, taken together, add up to more than the current standard deduction of $13,850 for a single filer and ...

  9. What are standard and itemized tax deductions? - AOL

    www.aol.com/finance/standard-itemized-tax...

    Because of itemized deduction caps and the standard deduction increase, the standard deduction gives almost 90% of tax filers the biggest tax break. TurboTax makes deciding easy.

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