IRS 2026 Tax Brackets: New Rates and Standard Deduction Explained

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Tax Transcript and Tax Return, Next Tax Free Florida Weekend
Source: Business Today

IRS 2026 Tax Brackets: Among other changes, the United States Internal Revenue Service (IRS) has proclaimed the updated brackets for federal income tax, adjusted for inflation, for the tax year 2026, in which the return will be made in 2027. These modifications, which are no longer under the Tax Cuts and Jobs Act but under the “One, Big, Beautiful Bill” (OBBB) administered since July 2025, are designed to eliminate “bracket creep” and to provide a certain amount of relief to the taxpayers of the United States.

IRS 2026 Tax Brackets

The Internal Revenue Service has communicated the tax tables for the year 2026. The income tax rates for the year 2026 will be as per the filing status are as follows:

Single Filers:

  • 10% on income up to $12,400
  • 12% on income over $12,400 up to $50,400
  • 22% on income over $50,400 up to $105,700
  • 24% on income over $105,700 up to $201,775
  • 32% on income over $201,775 up to $256,225
  • 35% on income over $256,225 up to $640,600
  • 37% on income over $640,600

Married Couples Filing Jointly:

  • 10% on income up to $24,800
  • 12% on income over $24,800 up to $100,800
  • 22% on income over $100,800 up to $211,400
  • 24% on income over $211,400 up to $403,550
  • 32% on income over $403,550 up to $512,450
  • 35% on income over $512,450 up to $768,700
  • 37% on income over $768,700

Standard Deduction Increases

The standard deduction for the 2026 tax year has been increased to:

  • $16,100 for single filers and married individuals filing separately
  • $32,200 for married couples filing jointly
  • $24,150 for heads of households

These increases provide a larger tax-free income threshold, reducing the amount of income subject to taxation and potentially lowering overall tax liability.

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IRS 2026 Tax Brackets: Impact on Taxpayers

Tax brackets and standard deductions are getting a facelift. The whole point of these tweaks is to stop people from getting shoved into higher tax brackets just because of inflation: nobody wants to pay more taxes just because their paycheck went up by a few bucks, right? With these new numbers, folks might actually drop into a lower bracket and pay less tax.

If you’re reading this and thinking, I’ll just let payroll sort it out,”, don’t. Seriously, take a look at your withholding and maybe those estimated payments, too. You don’t want to get a nasty surprise from the IRS because you guessed wrong on your taxes. Fix it now, save yourself the headache later.

The IRS rolled out the 2026 tax brackets and standard deductions, trying to keep up with inflation and toss a bone to taxpayers. If you actually pay attention to this stuff (and you should, unless you like overpaying), it can help you make smarter moves with your money. Stay on top of these changes, or risk letting the tax man win.