12/11/2025
📌 FYI for Taxpayers — 2025 Tax Year (Filed in 2026)
The increased Standard Deduction from the Tax Cuts and Jobs Act is now permanent.
🟦 Standard Deduction Amounts
• $15,750 — Single
• $31,500 — Married Filing Jointly
• $23,625 — Head of Household
🟩 Additional Standard Deduction (Age 65+ or Blind)
• $1,500 — Married Filing Jointly
• $1,125 — Head of Household
• $750 — All other filers
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✏️ What this means in 3rd-grade terms:
Think of the standard deduction like a big coupon the IRS gives you.
Before the IRS decides how much of your money to tax, they let you subtract this amount first.
➡️ Bigger coupon = less income taxed = you keep more money.
💡 Simple Example: What could this look like for your refund?
Let’s say you are Head of Household and you made $50,000 in 2025.
1. Your income: $50,000
2. Subtract your standard deduction: – $23,625
3. Now the IRS only taxes: $26,375
Because you have less taxable income, you could end up with:
👉 A smaller tax bill
👉 A bigger refund
👉 Or owing nothing at all — depending on your withholdings and credits
Example outcome:
If your employer took out around $5,000 in taxes during the year, you might end up getting $1,000–$2,000 back, depending on your credits (Child Tax Credit, Earned Income Credit, etc.).
(This is just a simple example — everyone’s refund is different.)
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