Tax Brackets For 2025 Married Filing Jointly. For married couples filing jointly, the standard deduction rises to $30,000, an increase of $800 from tax year 2024. For single taxpayers and married individuals filing separately for tax year 2025, the standard deduction rises to $15,000 for 2025, an increase of $400 from 2024.

Single filers 65 and older can increase their standard deduction by $1,600 per person; The top marginal income tax rate of 37% will hit taxpayers with taxable income above $626,350 for single filers and above $751,200 for married couples filing jointly.