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New Member
posted Feb 13, 2025 11:51:53 AM

Standard deduction for 2025 for single filer is 15,000 not 14,600. Why is this not updated

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2 Replies
Level 15
Feb 13, 2025 11:54:10 AM

You are not completing a 2025 tax return since tax year 2025 will not be completed until after 12/31/2025.

You are completing a 2024 tax return so the 2024 Standard Deductions are used -

 

Standard deductions for 2024

Single - $14,600 add $1,850 if age 65 or older
Married Filing Separately - $14,600 add $1,550 if age 65 or older
Married Filing Jointly - $29,200 add $1,550 for each spouse age 65 or older
Head of Household - $21,900 add $1,950 if age 65 or older

New Member
Feb 16, 2025 5:42:41 PM

Ahh. Makes sense. Thank you!