What Is The Standard Deduction For 2024 Taxes. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, 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.
— the irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.
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