2024 Standard Deduction Married Jointly Under 80c. The limit will stay the same for individuals looking to. — for the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.
— under section 80c of the income tax act, 1961, a total of rs 1.5 lakh a year can be claimed as a deduction from your taxable income. — for the tax year 2024, the standard deduction for married couples filing jointly will increase to $29,200, an increase of $1,500 over the tax year 2023.