Tax Brackets For 2025 Tax Year

Tax Brackets For 2025 Tax Year. The direct tax code (dtc) 2025 represents a landmark reform aimed at replacing the income tax act of 1961, ushering in a simpler, more efficient, and transparent taxation. Here are the new income tax slabs under new tax regime.

For 2025, the standard deduction will rise by $400 to $15,000 for single filers, $800 to $30,000 for married couples filing jointly, and $600 to $22,500 for heads of household. Tax brackets and standard deductions have increased for tax year 2025.