EPISODE · Jan 18, 2026 · 3 MIN
Enrolled Agent Exam [Part 1] 03, Standard Deduction for 2025
from Finance Exam Prep
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: • The specific 2025 standard deduction amounts for Single, MFJ, and Head of Household. • How to determine whether a taxpayer should take the standard deduction or itemize their deductions. • How the standard deduction is increased for taxpayers who are age 65 or older, or are blind. • How the new "One Big Beautiful Bill" creates a significant senior deduction that replaces the prior age-based add-on. • How to calculate a taxpayer's full standard deduction in a complex exam scenario involving multiple additional amounts. For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or Youtube Channel: https://www.youtube.com/@Open-exam-prep
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Enrolled Agent Exam [Part 1] 03, Standard Deduction for 2025
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