Mfs Standard Deduction 2024 Income Tax. Under section 80c of the income tax act, tax benefits are applicable in the case of elss or. Key changes include raising the standard.
Based on the type of mutual funds, here are the taxation rules: $27,700 (mfj), $20,800 (hoh), $13,850 (single), $13,850 (mfs) $29,200 (mfj), $21,900 (hoh), $14,600.