The standard deduction for tax returns is now $31,500 (married filing jointly), $15,750 (single), and $23,625 (head of household). If you are 65 years old, you will qualify for an additional $6,000 deduction. In fact, seniors can wind up with standard deductions as high as $23,750 (single) / $46,700 (married). More people will be able… Read more: Tax Update 2025

You can download the excel file below to estimate your federal tax due. Then just enter federal income, and filing status.