Standard Tax Deduction 2024 Income. Standard deduction means a flat deduction to individuals earning salary or pension income if they have opted for the old tax regime. In a major change, landry is proposing a flat corporate tax rate of 3.5% (the top rate is 7.5%), doubling the standard deduction for seniors and collapsing the existing graduated individual income.
Learn about the options available to taxpayers and make informed decisions to optimize tax efficiency. Tax software can walk you through your expenses and losses to show the option that gives you the lowest tax.
Standard Tax Deduction 2024 Income Images References :