2024 Standard Tax Deduction Chart 2024

2024 Standard Tax Deduction Chart 2024. Bloomberg tax has released its annual projected u.s. The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household.

Budget 2024 has made changes in the deductions in the new tax regime. Rates for tax deduction at source*.