752 / What is the standard deduction?

Editor’s Note: The 2017 tax reform legislation roughly doubled the standard deduction to $24,000 per married couple ($30,000 for 2025, $29,200 for 2024, $27,700 for 2023, $25,900 for 2022 and $25,100 for 2021) and $12,000 per individual in 2018 ($15,000 for 2025, $14,600 for 2024, $13,850 for 2023, $12,950 for 2022 and $12,550 for 2021).

For heads of households, the standard deduction is increased to $18,000 ($22,500 for 2025, $21,900 for 2024, $20,800 for 2023, $19,400 for 2022 and $18,800 for 2021).

For married taxpayers filing separate returns, the standard deduction is $12,000 ($15,000 for 2025, $14,600 for 2024, $13,850 for 2023, $12,950 for 2022 and $12,550 for 2021).