2025 Tax Rates - Single Taxpayers - Standard Deduction $15,75010% $0 – $11,925 12% $11,926 – $48,475 22% $48,476 – $103,350 24% $103,351 – $197,300 32% $197,301 – $250,525 35% $250,526 – $626,350 37% Over $626,350 2025 Tax Rates - Married Jointly & Surviving Spouses - Standard Deduction $31,50010% $0 – $23,850 12% $23,851 – $96,950 22% $96,951 – $206,700 24% $206,701 – $394,600 32% $394,601 – $501,050 35% $501,051 – $751,600 37% Over $751,600 2025 Tax Rates - Married Filing Separately - Standard Deduction $15,75010% $0 – $11,925 12% $11,926 – $48,475 22% $48,476 – $103,350 24% $48,476 – $103,350 32% $197,301 – $250,525 35% $250,526 – $375,800 37% Over $375,800 2025 Tax Rates - Head of Household - Standard Deduction $23,62510% $0 – $17,000 12% $17,001 – $64,850 22% $64,851 – $103,350 24% $103,351 – $197,300 32% $197,301 – $250,500 35% $250,501 – $626,350 37% Over $626,350 2025 Tax Rates - Estates & Trusts 10% $0 – $3,150 24% $3,151 – $11,450 35% $11,451 – $15,650 37% Over $15,650
Social Security 2025 Tax Rates Social Security Tax Rate: Employers 6.2% of wages up to the Social Security wage base Social Security Tax Rate: Employees 6.2% of wages up to the Social Security wage base Social Security Tax Rate: Self-Employed 12.4% (part of self-employment tax) Maximum earnings subject to Social Security tax $176,100 Maximum earnings subject to Medicare tax Unlimited (no cap) Medicare Tax Rate: Employers 1.45% of all wages Medicare Tax Rate: Employees 1.45% of all wages Medicare tax rate: Self-employed 2.9% (part of self-employment tax) Additional Medicare tax on FICA wages and self-employment income above $200,000 (single filers) or $250,000 (joint filers) 0.9% on wages/income over $200,000 (single filers) or $250,000 (joint filers) Net investment income tax on taxpayers with modified adjusted grossincome (MAGI) exceeding $200,000 (single filers) or $250,000 (jointfilers) 3.8% tax on net investment income when MAGI exceeds $200,000 (single) or $250,000 (joint)
Miscellaneous 2025 Tax Rates Business Section 179 expensing limit $2,500,000 (maximum immediate deduction) Business Section 179 phaseout threshold $4,000,000 (phase-out begins) First-year bonus depreciation rate 100% for property acquired and placed in service after Jan. 19, 2025 Income threshold after which the Section 199A (qualified business income) deduction for pass-through entities may begin to phase out $197,300 (single & HOH); $394,600 (married filing jointly) Qualified small-employer Health Reimbursement Arrangement limit $6,350 (single); $12,800 (family) Prior-year safe harbor for estimated taxes of higher-income taxpayers driving 110% of 2024 tax liability Standard mileage rate for business driving 70¢ per mile Standard mileage rate for medical driving 21¢ per mile Standard mileage rate for moving driving (only members of the Armed Forces on active duty who move because of a permanent change of station) 21¢ per mile Standard mileage rate for charitable driving 14¢ per mile Child Tax Credit (per child under age 17 at the end of the tax year) $2,200 Unearned income maximum for children under 19 before kiddie tax applies $1,350 Maximum capital gains tax rate for taxpayers with income up to $47,025 for single filers, $ 94,050 for married filing jointly (0%) Up to $48,350 (single) / $96,700 (married filing jointly)Maximum capital gains tax rate for taxpayers with income $47,025 to $518,900 for single filers, $94,050 to $583,750 for married filing jointly (15%) Income between $48,351–$533,400 (single); $96,701–$600,050 (married)Maximum capital gains tax rate for taxpayers with income above $518,900 for single filers, $583,750 for married filing jointly (20%) Income above $533,400 (single); $600,050 (married)Maximum Traditional/Roth IRA contribution $6,500 if under age 50 / $7,500 if 50 or older (2025 figures from retirement limits) Capital gains tax rate for unrecaptured Sec. 1250 gains 25% Capital gains tax rate on collectibles 28% Maximum contribution to SEP IRA 25% of eligible compensation up to ~$70,000 (2025 figure)
Education 2025 Tax Rates American Opportunity Credit (per student) $2,500 Lifetime Learning Credit (per return) $2,000 Student Loan Interest Deduction (per return) $2,500 Coverdell Education Savings Account Contribution (per student) $2,000
Standard Meal Rates for Family Child Care Providers for income tax returns Continental U.S. Effective July 1, 2025 – June 30, 2026 For each breakfast $1.70 For each lunch or supper For each snack (up to 3 per day for each child) $0.96 Alaska Effective July 1, 2025 – June 30, 2026 For each lunch or supper $3.22 Tier I / $1.94 Tier II For each snack (up to 3 per day for each child) $0.96 Tier I / $0.26 Tier II Hawaii Effective July 1, 2025 – June 30, 2026 For each breakfast (rates similar where applicable) For each lunch or supper (same structure Tier I/Tier II) For each snack (up to 3 per day for each child) (same structure) Source: Federal Register
Under the CACFP program, Tier I and Tier II refer to different reimbursement levels for family day care homes based on income/local criteria; providers use the appropriate rate.
