​

2026

 

Rate     Single Filers                  Married Joint Filers         Head of Household Filers      Estates and Trusts

​

10%     $0 to $12,400                   $0 to $24,800                       $0 to $17,700                         $0 to $3,300

12%     $12,401 to $50,400          $24,801 to $100,800            $17,701 to $67,450

22%     $50,401 to $105,700        $100,801 to $211,400          $67,451 to $105,700

24%    $105,701 to $201,775       $211,401 to $403,550         $105,701 to $201,775             $3,300 to 11,700

32%    $201,776 to $256,225      $403,551 to $512,450          $201,776 to $256,200

35%    $256,226 to $640,600      $512,451 to $768,700         $256,201 to $640,600              $11,700 to $16,000

37%   $640,601 +                       $768,701 +                           $640,601 +                              $16,000 +

​

​

2026 Standard Deduction Amounts

 

There are two main types of tax deductions: the standard deduction and itemized deductions. You can claim one type of deduction on your tax return, but not both. For example, if you claim the standard deduction, you cannot itemize deductions – and vice versa (if you itemize deductions, you cannot claim the standard deduction). You are allowed to use whichever type of deduction results in the lowest tax.

 

The standard deduction is subtracted from your Adjusted Gross Income (AGI), thereby reducing your taxable income. For tax year 2026 the standard deduction amounts are as follows:

                                                 2025                                       2026

Filing Status                   Standard Deduction              Standard Deduction

Single                                   $15,000                                $16,100

Married Filing Jointly         $30,000                               $32,200

Married Filing Separately  $15,000                              $16,100

Head of Household             $22,500                               $24,150

Qualifying Widow(er)         $30,000                               $32,200

 

2026 Capital Gains Rates

The federal tax rate on long-term capital gains typically is determined by the type of asset and your marginal ordinary income tax rate. Capital gains tax rates on most assets held for less than a year correspond to ordinary income tax brackets. For certain investment real estate, business, and collectible assets, gains could have different tax rates.

 

As a general rule, long-term capital gains rates apply to gains resulting from the sale of assets held for more than one year. Short-term capital gains on assets held for one year or less are taxed at ordinary federal income tax rates.

 

 

Rate     Single Filers                          Married Joint Filers            

 

0%       $0 to $49,450                          $0 to $98,900                 

15%     $49,450 to $545,500             $98,901 to $613,700        

20%     $545,501  +                          $613,701  +                      

​

 

2026 Corporations and Business Rates

 

Straight 21% tax rate applied on C-corp income;

-  20% deduction of qualified business income of S-corps, partnerships and sole proprietorships, subject to limitations; 

 

2026 Retirement Contribution Rates

 

Maximum contribution amounts: ($1,000catch-up for those over age 50)(thresholds/eligibility/other rules apply/reduce max amounts)

- 401K, 403(b) etc    $24,500 (catch-up) + $8,000 (age 60-63 $11,250 catchup)

- Simple plans          $17,000 (catch-up) + $4,000  (age 60-63 $5,000 catchup)

- SEP's                     $72,000

- IRA                        $7,500 (catch-up) + $1,100