2024 Income Tax Brackets And Deductions For Single. The budget 2024 announced a rs.25,000 hike in the standard deduction. So far, around 60 million people have filed their returns for income earned last.


2024 Income Tax Brackets And Deductions For Single

The standard deduction for single taxpayers will be. You will pay 10 percent on taxable income up to $11,600, 12 percent on the amount over $11,600 to $47,150, and 22 percent above that (up to $100,525).

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