Standard Tax Deduction 2024. If you expect to claim the standard deduction on your 2024 tax return, enter the amount on line 2a. $14,600 for married couples filing separately.
Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000. The tax brackets, standard deduction, and the capital gains tax cutoff point for single and married filing jointly filing statuses will go up in 2025.
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