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, the tax brackets vary by filing status: single, married filing jointly, married filing separately, and head of household. These adjustments affect taxes on income earned in 2025, which will be filed in the 2026 tax season, generally due April 15, 2026, unless extended.
The 2025 tax brackets, based on filing status, are as follows, presented in lists 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 already have their tax returns ready, which correspond to the income they had in 2025, already with all the information that we gave them in this complete article. The main deadline is April 15, 2025, and the second payment is June 16, 2025 (adjusted because June 15 is a Sunday).
The third payment date is September 15, while the last payment date can be made on January 15, 2026. These estimated payments are common for self-employed workers, retirees, investors, and others whose income is not subject to withholding taxes.
An unexpected detail is that, in addition to the brackets, there are adjustments to more than 60 tax provisions, 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, among others.
