The basic Standard Deduction has been greatly increased with the Tax Cut and Jobs Act (2018-2025). for all filing statuses. The bonus deductions were retained for the elderly and blind.
| Filing Status | 2025 | 2024 |
|---|---|---|
| Joint/QW | 30,000 | 29,200 |
| Single | 15,000 | 14,600 |
| HH | 22,500 | 21,900 |
| MFS | 15,000 | 14,600 |
| Elderly, Blind (married) | 1,600 | 1,550 |
| Elderly, Blind (unmarried) | 2,000 | 1,950 |
| Dependents | 1,350 | 1,300 |
The personal exemption was eliminated in the Tax Cut and Jobs Act of 2018 for tax years after 2018 (until 2025) and replaced it instead with a $500 Family Credit for other dependents. However, since the standard deduction was greatly increased, it should be beneficial for many taxpayers.