It may be time to reevaluate whether you should itemize certain deductions or claim the standard deduction based on your filing status. Itemizing deductions saves tax if the total exceeds the standard deduction, but it makes filing more complicated. The new tax law increases the standard deduction for 2025: $15,750 for single filers and married individuals filing separately, and $31,500 for married couples filing jointly. But other tax law changes could make itemizing more beneficial. For example, if you’ve been claiming the standard deduction recently, the expanded state and local tax (SALT) deduction might cause your total itemized deductions to exceed your standard deduction for 2025.
