IRS Standard Deduction & Exemption Amounts (2024 & 2025)
Standard deduction amounts for 2024 & 2025, & what percent claim standard vs itemized deductions. Exemption details included.| 20somethingfinance.com
It’s taken me a few weeks to dig through, but I’m finally ready to share my summary breakdown of the “One Big Beautiful Bill Act” (OBBBA) tax legislation that was passed on a party-line vote by Republicans in Congress and signed by President Trump on July 4th, 2025. My goal was to make this the most thorough, yet concise summary overview of the OBBBA out there, so I split it up into 5 easy-to-follow categories: the previous tax cuts that were extended, new temporary tax cuts that were...| 20somethingfinance.com
Standard deduction amounts for 2024 & 2025, & what percent claim standard vs itemized deductions. Exemption details included.| 20somethingfinance.com
2025 max 401K contribution limits (& catch-up contributions), 457B, 403B, TSP, Roth, Solo, & historical 401K maximums.| 20somethingfinance.com
2025 review & comparison of the cheapest & best tax software programs online: e-file prices, features, promo codes, & free & discount offers.| 20somethingfinance.com
How to calculate gross income, adjusted gross income (AGI), taxable income, & modified adjusted gross income (MAGI) in 2024 & 2025.| 20somethingfinance.com
The 5 best & cheapest ways to e-file your taxes online, with cheap or free tax software & discounts. Updated for 2025.| 20somethingfinance.com
2024 & 2025 tax brackets (IRS federal income tax rate tables) for single, married filing jointly & separately, & head of household.| 20somethingfinance.com
