Standard Tax Deduction: How Much It Is and When to Take It ... 2025

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  1. Click 'Get Form' to open it in the editor.
  2. Begin by entering your Adjusted Gross Income (AGI) as indicated on AL Line 10. This is crucial for determining your eligibility for the standard deduction.
  3. Refer to the appropriate section based on your filing status: Married Filing Joint, Married Filing Separate, Head of Family, or Single. Locate the corresponding deduction amount based on your AGI range.
  4. Fill in any additional required fields as specified in the Federal Income Tax Deduction Worksheet, ensuring all calculations are accurate.
  5. Once completed, you can print, download, and share the form directly from our platform for free.

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If your standard deduction is less than your itemized deductions, you probably should itemize and save money. If your standard deduction is more than your itemized deductions, it might be worth it to take the standard and save some time.
The math here is pretty simple. The standard deduction is $12500 for a single person and $25000 for a couple. If your total deductions are more than that, you itemize. If not, you take the standard.
The standard deduction reduces a taxpayers taxable income. It ensures that only households with income above certain thresholds will owe any income tax. Taxpayers can claim a standard deduction when filing their tax returns, thereby reducing their taxable income and the taxes they owe.
Certain taxpayers arent entitled to the standard deduction: You are a married individual filing as married filing separately whose spouse itemizes deductions. You are an individual who was a nonresident alien or dual status alien during the year (see below for certain exceptions)
If the amount of your itemized deduction exceeds the standard deduction, then you should itemize deductions on your tax return.

People also ask

The standard deduction is tied to inflation, so the amounts change a bit each year. For the 2024 tax year, which is filed in early 2025, the federal standard deduction for single filers and married folks filing separately is $14,600. Its $29,200 if youre a surviving spouse or youre married and youre filing jointly.
IRS extra standard deduction for older adults For 2025, the additional standard deduction is $2,000 if you are single or file as head of household. If youre married, filing jointly or separately, the extra standard deduction amount is $1,600 per qualifying individual.

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