Federal Income Tax Rates for Individual Returns in 2025
On October 22, 2024, the IRS released Revenue Procedure 2024-40, which describes items that will be adjusted for inflation in 2025.
Here are some of the adjusted values relevant to the calculation of your individual tax return.
Ordinary Income
Tax Rates
Unmarried Individuals (other than Surviving Spouses and Heads of Households)
Married Individuals Filing Separate Returns
Heads of Households
Married Individuals Filing Joint Returns and Surviving Spouses
The Standard Deduction
The Standard Deduction is a deduction from adjusted gross income available to taxpayers who do not itemize their deductions.
Capital Gains Tax Rates
There was more relevant information in Revenue Procedure 2024-40, so be sure to check back so you don't miss it!
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