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The tax filing season officially kicks off on January 26, marking the day when the Internal Revenue Service starts processing tax returns.
Taxes are calculated as a percentage of your income and categorized into different tiers known as tax brackets, as outlined by the IRS. Below is an overview of the tax brackets for the 2025 tax year:
2025 income tax brackets for single filers
| Tax rate | For taxable income above |
| 10% | $11,925 |
| 12% | $11,925 |
| 22% | $48,475 |
| 24% | $103,350 |
| 32% | $197,300 |
| 35% | $250,525 |
| 37% | $626,350 |
2025 income tax brackets for married, joint filers
| Tax rate | For taxable income above |
| 10% | $23,850 |
| 12% | $23,850 |
| 22% | $96,950 |
| 24% | $206,700 |
| 32% | $394,600 |
| 35% | $501,050 |
| 37% | $751,600 |
What is the standard deduction?
Most taxpayers claim the standard deduction, a fixed amount you can deduct to reduce your taxable income and lower your federal tax bill.
Unlike itemized deductions, which require you to track specific expenses, the standard deduction is available without having to prove anything.
The IRS generally adjusts the standard deduction each year for inflation. Here’s the standard deduction for the 2025 tax year:
| Filing status | Standard deduction |
| Single or married filing separately | $15,750 |
| Head of household | $23,625 |
| Married filing jointly or qualifying surviving spouse | $31,500 |
NewsNation’s Andrew Dorn contributed to this article.