File Your 2025 Return in 2026 – Key Takeaways for Individuals and Businesses For Individuals 1. Higher Standard Deduction $15,750 for single filers $31,500 for married filing jointly $23,625 for head of household 2. Extra Deductions for Workers & Seniors Certain...

 What Is the EITC? The Earned Income Tax Credit (EITC) is a refundable federal tax credit designed to benefit low- to moderate-income workers and families. It can reduce the taxes you owe and increase your refund — even if you don’t owe any tax.  Maximum Credit...

👶 Family & Dependents Child Tax Credit (CTC) – Helps families with qualifying children; up to ~$2,200 per child.  Additional Child Tax Credit (ACTC) – Refundable portion of the CTC (up to ~$1,700 per child).  Earned Income Tax Credit (EITC) – Refundable credit for...