Standard Tax Deduction 2024. Key changes include raising the standard deduction for salaried employees from ₹50,000 to ₹75,000 and. The amount of the standard deduction is as follows:


Standard Tax Deduction 2024

The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023. An average family of 4 will pay the equivalent of 9 weeks worth of groceries in higher taxes if the trump tax cuts expire.

Standard Tax Deduction 2024 Images References :