Standard Tax Deduction 2024 For Seniors Over 60

Standard Tax Deduction 2024 For Seniors Over 60. The indian government provides specific tax. The standard deduction for seniors is rs.50,000, as per the most current revisions to the income tax act.


Standard Tax Deduction 2024 For Seniors Over 60

The standard deduction for seniors is rs.50,000, as per the most current revisions to the income tax act. The standard deduction amounts will increase to $14,600 for individuals and married couples filing separately, representing an increase of $750.

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