2024 Standard Deduction Amount Seniors. The additional standard deduction amount for 2024 (returns usually filed in early 2025) is $1,550 ($1,950 if unmarried and not a surviving spouse). The exemption does not cover.

Depending on your tax rate and filing status, you’ll owe different amounts on different parts of your income depending on your taxable income. The minimum deposit amount is ₹10,000 with a fixed tenure of 700 days.