Income Tax Standard Deduction 2024 . One key expectation is a potential increase in the standard deduction limit,. Key changes include raising the standard deduction for salaried employees from ₹50,000 to ₹75,000 and increasing family pension deductions.
The standard deduction is $15,000 for single filers and $30,000 if you’re married. For married couples filing jointly for tax year 2024, the deduction increased to.
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