Standard Tax Deduction 2024 Married Person
Standard Tax Deduction 2024 Married Person. Standard deduction for employees opting for new tax regime has increased from ₹50,000 to ₹75,000. Whether you are single or married is determined at the end of your tax year, which is december 31 for most taxpayers.
— the standard deduction rose in 2024. Married couples can boost their standard deduction by $1,950 if one.