2024 Standard Tax Deduction Married Jointly In India

2024 Standard Tax Deduction Married Jointly In India. 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; $21,900 for heads of households.

As the new tax year approaches, it’s essential for married couples to be aware of the latest tax brackets for married filing jointly in 2023 and 2024. Here is an example of how to calculate income tax payable under the new tax regime.