- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Standard Deduction and Child Credits?
Posted on 7/3/25 at 5:23 pm
Posted on 7/3/25 at 5:23 pm
Trying to sort out my personal family impact. What is the actual change to standard deduction (joint) and child credits (x2)?
3
Posted on 7/3/25 at 5:44 pm to RaginCajunz
Specific Amounts for 2025: For the tax year 2025 (taxes filed in 2026), the standard deduction amounts are:
Single filers: $15,750
Married Filing Jointly: $31,500
Heads of household: $23,625
Married Filing Separately: $15,750
For Married Filing Jointly it increased by 1,500 and it looks like it will be inflation adjusted yearly. Need to wait on the IRS for details.
The child tax credit will be $2,200 per child. An increase of $200.
Single filers: $15,750
Married Filing Jointly: $31,500
Heads of household: $23,625
Married Filing Separately: $15,750
For Married Filing Jointly it increased by 1,500 and it looks like it will be inflation adjusted yearly. Need to wait on the IRS for details.
The child tax credit will be $2,200 per child. An increase of $200.
Posted on 7/3/25 at 5:48 pm to Jinks
Looks like standard deduction was increased $750/$1500 single/married.
Posted on 7/3/25 at 5:58 pm to RaginCajunz
$200 extra per kid credit.
Posted on 7/3/25 at 6:04 pm to tenderfoot tigah
Not bad. Stood to owe many thousands more if current rates expired. Saving $1900 instead. A good news swing of like $8k
Posted on 7/3/25 at 6:18 pm to RaginCajunz
I'm assuming that 100% bonus depreciation made it through, right?
And what ended up being done on taxes on social security?
And what ended up being done on taxes on social security?
Posted on 7/3/25 at 6:24 pm to tigeraddict
quote:
Looks like standard deduction was increased $750/$1500 single/married.
Financial freedom baby!!!
Posted on 7/3/25 at 6:24 pm to tenderfoot tigah
quote:
$200 extra per kid credit.
THANKS RINO'S!!!
Posted on 7/3/25 at 6:42 pm to Jinks
Woo! I can pay a month of car insurance for my teenager with that giant increase.
Page 1 of 1
Back to top
Follow TigerDroppings for LSU Football News