Standard Deduction 2024 Married Jointly 65 Lakhs

Standard Deduction 2024 Married Jointly 65 Lakhs. That’s the 2024 regular standard deduction of $29,200 for married taxpayers filing joint returns, plus three additional standard deductions at $1,550 apiece. $3,700 if you are single or filing as head of household.

Standard deduction of rs 40,000 per year for salaried individuals was reintroduced in budget 2018, replacing two earlier deductions—travel allowance (rs. For 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately;