Dayle Erminie

Standard Deduction 2024 Head Of Household In India. The standard deduction is available to all who earn income under the head ‘salaries’ in the income tax computation. 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.

In a bid to give a boost to salaried taxpayers, finance minister nirmala sitharaman on tuesday increased the standard deduction limit from 50,000 to 75,000. It’s important to note that the standard.