Standard Deduction 2025 Mfj. Seniors over age 65 may claim an additional standard deduction. For the 2023 tax year (for forms you file in 2025), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.
The standard deduction will be cut almost in half and the child tax credit will be reduced. The standard tax deduction is a set amount that taxpayers are automatically allowed to deduct from their taxable income, thus lowering their total tax owed.