2024 Standard Tax Deduction Amount. Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000. If you earned $75,000 in 2023 and file as a single taxpayer, taking the standard deduction of $13,850 will reduce your taxable income to $61,150.


2024 Standard Tax Deduction Amount

Standard deduction limit for salaried and pensioners hiked to rs 75,000 from rs 50,000. Your standard deduction consists of the sum of the basic standard.

2024 Standard Tax Deduction Amount Images References :