Standard Deduction For Married Joint 2024 . 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; The annual standard deduction is a static amount determined by congress.
Nirmala sitharaman on tuesday announced that the standard. Here’s how that works for a single person earning $58,000 per year:
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