Standard Deduction For 2024

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Standard Deduction For 2024. The standard deduction went up by $750 to $14,600 for single taxpayers and married payers filing separately. Tax brackets and the standard deduction for 2024.


Standard Deduction For 2024

Finance minister nirmala sitharaman, in the 2024 budget, announced a rise in the standard deduction for salaried individuals from ₹50,000 to ₹75,000, providing additional relief for. The standard deduction for a single person will go up from $13,850 in 2023 to $14,600 in 2024, an increase of 5.4%.

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