Irs 179 Tax Deduction 2025. Standard deduction amounts are increasing in 2025, to $15,000 for single filers and $30,000 for married couples filing jointly. There will also be changes for the standard deduction for the 2025 tax year, the agency said.

People who are over 65 or blind can claim an. Section 179 of the irs tax code lets a business deduct the full purchase price of qualifying equipment within the year it’s purchased instead of writing off small amounts over.