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2024 Standard Deduction Married Jointly In India. Single or married filing separately: The standard deduction is a fixed amount that employed individuals can subtract from their taxable salary income without needing to provide evidence of actual.
Income over $609,350 ($731,200 married filing jointly) for example, a single filer with taxable income of $45,000 will have a marginal rate of 12% when filing in. For the 2023 tax year (for forms you file in 2024), the standard deduction is $13,850 for single filers and married couples filing separately, $27,700 for married.
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