2024 Standard Tax Deduction. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent. The new limit is rs.75,000.
The irs has released the standard deduction amounts for 2024, which increase the amounts that will be available on 2023 tax returns. 10 percent, 12 percent, 22 percent, 24 percent, 32 percent, 35 percent, and 37 percent.