How Much Is The Standard Deduction For 2024 Tax Return.  — for 2024 (tax returns typically filed in april 2025), the standard deduction amounts are $14,600 for single and for those who are married, filing separately; C) deduction on employer's contribution to nps account is available up to 10% of basic.

B) standard deduction of rs 50,000 is allowed on incomes from salary and pension.  — for the 2023 tax year, the additional standard deduction amounts are $1,850 for single filers or heads of household and $1,500 for married filers or qualifying widow.