2024 Standard Deduction Mfj Under 80c

2024 Standard Deduction Mfj Under 80c. From additional deductions in the new tax regime to an increase in the deduction limit available under section 80c, and a simplified tax structure under the direct taxes code,. The standard deduction will increase by $750 for single filers and by $1,500 for joint filers (table 2).

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. The irs released the 2024 standard deduction amounts for returns normally filed in april 2025.