Standard Deduction2025 Ca Tax Brackets Married Filing Jointly . National Word2025 Standard Deduction For Married Couples Felix Kreatos The IRS adjusts the standard deduction amount each year for inflation, and although it has increased for the 2025 tax year, the amounts aren't likely to make a huge difference. Tax Day: April 15, 2025 (deadline to file state and federal returns).
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Their significance in public policy is further enhanced by individuals being actively responsible for filing their income taxes, in contrast to the indirect payment of sales and excise taxes. If your itemized deductions (such as mortgage interest, medical expenses, or charitable contributions) are higher than the standard deduction, you may choose to itemize instead to reduce your taxable income even further.
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