2024 Tax Tables And Standard Deductions. For the 2024 tax year, the standard deduction will increase by $750 for single filers and those married filing separately, $1,500 for married filing jointly, and $1,100 for. For single taxpayers and married individuals filing separately, the standard deduction rises to $14,600 for 2024, an increase of $750 from 2023;
Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. The budget 2024 announced a rs.25,000 hike in the standard deduction under the new regime.
