2024 Standard Deduction

2024 Standard Deduction. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for. In a bid to give a boost to salaried taxpayers, finance minister nirmala sitharaman on tuesday increased the standard deduction limit from 50,000 to 75,000.


2024 Standard Deduction

The higher standard deduction of rs.75,000 means anybody with an annual income of rs.7.75 lakh will not have to pay any tax. Updated 9:57 am pdt, august 7, 2024.

2024 Standard Deduction Images References :