ilmscore | Prediction Details
"But now, through this new bill, it is going to raise the standard deduction for single filers and married filers. Now, again, this standard deduction is a deduction you get to take against your income no matter what. That's why it's called the standard deduction. You don't have to worry about itemizing everything. Everybody qualifies for this. Now, let's take a look at the 2025 numbers. Single tax filers will get a $15,750 standard deduction, while people that are married filing jointly will get a $31,500 standard deduction, which means no matter how much money you make, whether it's under $50,000 a year or more, you will get to qualify for a larger standard deduction."
By Minority Mindset | July 10, 2025 | Pending
From video
Trump's Big Beautiful Tax Bill: What They’re NOT Telling You 00:04:19 - 00:04:55
Interpreted Prediction
The standard deduction will increase in 2025 to $15,750 for single filers and $31,500 for married couples filing jointly.

Prediction Details

Topic
Standard Deduction

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