2024 Standard Tax Deduction Chart. Find tax rates, deductions, tds/tcs rates, capital gains, advance tax schedules, and major amendments. $1,250 for the taxable year;

Tax rates report, giving you an early look at what brackets and other key tax figures will look like in 2024. The standard deduction for taxpayers who don’t itemize their deductions on schedule a (form 1040) is higher for 2023 than it was for 2022.