Let us read more and understand about standard. Finance minister nirmala sitharaman has announced an increase in the standard deduction for salaried employees by โน25,000 in.
For 2023, the federal standard deduction for single filers was $13,850, for married filing jointly it was $27,700 and for the head of household filers, it increased to $20,800. Finance minister nirmala sitharaman has announced an increase in the standard deduction for salaried employees by โน25,000 in.
2024 Standard Tax Deduction Amount Worksheet Images References :