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2024 Standard Deduction

2024 Standard Deduction. The standard deduction of rs 50,000 is a flat deduction available under both the old and new tax regimes, to individuals earning salary and. For 2024, the standard deduction amount has been increased for all filers, and the amounts are as follows.


2024 Standard Deduction

The standard deduction for married couples filing jointly was $29,200 in 2024, while heads of household saw a $21,900 standard deduction in 2024. Standard deduction amounts the standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an.

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