What is the standard tax deduction?
The standard tax deduction is a fixed dollar amount determined by the government that reduces the overall income you are taxed on, effectively lowering your overall tax liability without requiring you to itemize individual expenses. For the tax year 2026 in the United States, the IRS set the standard deduction at $16,100 for single filers and married individuals filing separately, $32,200 for married couples filing jointly, and $24,150 for heads of households. Additional standard deduction amounts apply to individuals who are age 65 or older or legally blind.
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