The IRS has announced new standard deduction amounts for the 2025 tax year (filed in 2026). These updates may reduce taxable income for millions of taxpayers, including employees, gig-workers, retirees, and small business owners. In addition, seniors will see enhanced benefits designed to help them keep more of their retirement income.
The standard deduction is a flat amount that reduces the income you’re taxed on. Most taxpayers use it instead of itemizing expenses.
If you don't track deductible expenses like mortgage interest or medical bills — the standard deduction is what gives you automatic tax savings.
| Filing Status | 2025 Standard Deduction |
|---|---|
| Single / Married Filing Separately | $15,750 |
| Married Filing Jointly | $31,500 |
| Head of Household | $23,625 |
Source: IRS tax year 2025 inflation adjustments
Seniors and blind taxpayers already receive additional standard deduction amounts, and beginning in 2025 an extra temporary bonus deduction becomes available.
| Benefit | Amount |
|---|---|
| Additional senior/blind deduction | ~$2,000 per qualifying individual |
| NEW: Bonus deduction for eligible seniors (2025–2028) | $6,000 per qualifying individual (subject to income limits) |
This means some seniors could receive over $8,000 in additional deductions, significantly lowering taxable income.
This update may help:
Lower your taxable income
Increase your refund
Reduce your tax liability
Help seniors keep more retirement income
Make standard deduction more beneficial than itemizing for many households
If you typically itemize, it may be time to compare whether the standard deduction gives you more benefit.
Review which deduction method works best for you
If you're over 65, check if you qualify for the new bonus deduction
Update your payroll withholding or estimated payments if necessary
Keep your tax documents organized in case itemizing becomes favorable again
Simple planning today can prevent surprises when filing.
If you had large medical expenses, donated to charity, or paid mortgage interest — don't assume automatically. Compare itemized deductions against the new standard deduction.
State tax rules may differ
Bonus senior deduction phases out above certain income levels
Rules apply to the 2025 tax year — affecting returns filed in early 2026
Our team can help you:
Review deduction options
Understand senior tax benefits
Prepare and plan ahead
Maximize your refund
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This article is for educational purposes only and does not constitute personalized tax advice. Always consult a licensed tax professional for your specific situation.
IRS – Tax Year 2025 Inflation Adjustments
IRS – Revenue Procedure 2025-32
IRS – Standard Deduction Guidance