Today we are going to talk about something that interests everyone: taxes. Yes, I know it sounds kinda boring, yeah, but it’s important to understand how these changes work, especially since they will affect your money in the future. Let’s break down the new IRS adjustments for 2025 in a simple way.
The first thing you should remember every year is that the Internal Revenue Service updates the amounts of deductions and income brackets to prevent inflation from harming us as taxpayers. For 2025, the IRS has adjusted these brackets for inflation, as detailed in Revenue Procedure 2024-40, published October 22, 2024.
Tax brackets for 2025: what you should know before filing your taxes
For starters, tax rates differ based on filing status: single, married filing jointly, married filing separately, and head of household. These changes effect taxes on income generated in 2025, which will be submitted during the 2026 tax season and are normally due April 15, 2026, unless extended.
The tax brackets for 2025, dependent on filing status, are shown below for clarity.
Tax brackets of taxable income for a single person:
- $0 a $11,925: 10%
- $11,926 a $48,475: 12%
- $48,476 a $103,350: 22%
- $103,351 a $197,300: 24%
- $197,301 a $250,525: 32%
- $250,526 a $626,350: 35%
- More than $626,350: 37%
Tax brackets for taxable income for married couple filing jointly:
- $0 a $23,850: 10%$23,851 a $96,950: 12%
- $96,951 a $206,700: 22%
- $206,701 a $394,600: 24%
- $394,601 a $501,050: 32%
- $501,051 a $751,600: 35%
- More than $751,600: 37%
Tax brackets of taxable income for head of household (the values are different, since the taxable income amounts are much higher):
- $0 a $17,000: 10%
- $17,001 a $64,850: 12%
- $64,851 a $103,350: 22%
- $103,351 a $197,300: 24%
- $197,301 a $250,500: 32%
- $250,501 a $626,350: 35%
- More than $626,350: 37%
Lastly, this is the list of taxable income for couples who are married but file their taxes separately:
- $0 a $11,925: 10%
- $11,926 a $48,475: 12%
- $48,476 a $103,350: 22%
- $103,351 a $197,300: 24%
- $197,301 a $250,525: 32%
- $250,526 a $375,800: 35%
- More than $375,800: 37%
Standard deductions you can make from your taxes
In addition to the tax brackets, standard deductions, which reduce taxable income, have been adjusted for 2025:
- Single and married filing separately: $15,000 (increase of $400 from 2024).
- Married filing jointly: $30,000 (increase of $800 from 2024).
- Head of household: $22,500 (increase of $600 from 2024).
- Important dates of the 2025 tax season
Many taxpayers have already prepared their tax returns, which correspond to their income in 2025, using all of the information provided in this article. The primary deadline is April 15, 2025, with the second payment due June 16, 2025 (modified since June 15 is a Sunday).
The third payment date is September 15, and the final payment date is January 15, 2026. These anticipated payments are frequent among self-employed individuals, retirees, investors, and others whose income is not subject to withholding taxes.
An unexpected detail is that, in addition to the brackets, more than 60 tax provisions have been adjusted, including an increase in the Earned Income Tax Credit (EITC) to $8,046 for families with three or more qualifying children and an increase in the long-term capital gains tax exclusion.