Standard Deduction 2025 Married Jointly 65 Percent

Standard Deduction 2025 Married Jointly 65 Percent. The standard deduction for married couples filing jointly, where both are over 65, increases by $1,500 per spouse,. Taxpayers who are 65 or older can take an additional standard deduction, which is also adjusted for inflation.

The top marginal income tax rate of 37% will hit taxpayers with taxable income above $626,350 for single filers and above $751,200 for married couples filing jointly. For 2025, the standard deduction will rise by $400 to $15,000 for single filers, $800 to $30,000 for married couples filing jointly, and $600 to $22,500 for heads of household.