Standard Deduction For 2024 India Over 65. You don’t pay federal income tax on every dollar of your income. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving.
The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving. Benefits like section 80c for interest income and health insurance.