What Is Standard Tax Deduction For 2024 Taxes
What Is Standard Tax Deduction For 2024 Taxes
What does standard deduction mean? The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750 from 2023.
Fm sitharaman hiked the standard deduction by 50% to ₹ 75,000 and tweaked tax slabs under the new income tax regime to provide. Income tax slabs 2024 highlights: