2024 Standard Tax Deduction Married Jointly

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2024 Standard Tax Deduction Married Jointly. Fm sitharaman hiked the standard deduction by 50% to ₹ 75,000 and tweaked tax slabs under the new income tax regime. The federal income tax has seven tax rates in 2024:


2024 Standard Tax Deduction Married Jointly

In 2024, the standard deduction will increase, reaching $29,200 for married couples filing jointly, $21,900 for heads of household and. The standard deduction amounts for 2023 tax returns (those filed in 2024) are:

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