Standard Deduction For 2024 Indiana. Irs issues guidance on state tax payments to help taxpayers. Certain itemized deductions (including property tax, qualified charitable contributions, etc) may.
The 2024 standard deduction for tax returns filed in 2025 is $14,600 for single filers, $29,200 for joint filers or $21,900 for heads of household. Indiana provides a standard personal exemption tax deduction of $ 1,000.00 in 2024 per qualifying filer and qualifying dependent(s), this is used to reduce the amount of income that is subject to tax in 2024.
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