The standard deduction for 2025 is as follows: - Single filers: $15,750 - Married filing jointly: $31,500 - Head of household: $23,625 - Qualifying surviving spouse: $31,500 - Additionally, taxpayers aged 65 or older can claim an extra deduction of $2,000 for single filers and $1,600 for married filers, which can significantly increase the total standard deduction for those eligible. Need Accounting, Bookkeeping, Payrol or Tax Services? Contact Psalms Group today! We are efficient, fast & reliab
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