Deduction -

: A fixed dollar amount based on your filing status that reduces the income on which you're taxed. For the 2025 tax year, the IRS set these at $15,750 for single filers and $31,500 for married couples filing jointly.

Deductions for individuals: What they mean and the difference ... - IRS deduction

Most individual taxpayers choose between two primary methods: : A fixed dollar amount based on your