The IRS has released the 2026 tax brackets with significant adjustments for inflation. Learn how these changes affect your tax liability.
Tax Planning Strategies Based on 2026 Rates
The IRS has announced the tax brackets for 2026, featuring inflation adjustments that could impact your tax planning strategy.
Key Changes for 2026
Standard Deduction Increases:
- – Single filers: $15,700 (up from $15,000)
- – Married filing jointly: $31,400 (up from $30,000)
- – Head of household: $23,550 (up from $22,500)
Tax Bracket Thresholds
The income thresholds for each tax bracket have been adjusted upward:
Rate
10%
12%
22%
24%
32%
35%
37%
Single
Up to $12,000
$12,001-$48,750
$48,751-$103,350
$103,351-$197,300
$197,301-$250,500
$250,501-$626,350
Over $626,350
Rate
10%
12%
22%
24%
32%
35%
37%
Married Filing Jointly
Up to $24,000
$24,001-$97,500
$97,501-$206,700
$206,701-$394,600
$394,601-$501,000
$501,001-$751,600
Over $751,600
Single
Up to $12,000
$12,001-$48,750
$48,751-$103,350
$103,351-$197,300
$197,301-$250,500
$250,501-$626,350
Over $626,350
Planning Tips
- 1. Maximize retirement contributions – The 401(k) contribution limit increases to $24,000
- 2. Review withholding – Update your W-4 if needed
- 3. Consider Roth conversions – Take advantage of lower brackets while you can
Contact DWC Tax Pro to discuss how these changes affect your specific situation.
Need Help Understanding These Tax Changes?
Our tax professionals are here to help you navigate the 2026 tax laws and maximize your savings.