Tax Rates
| 2026 Tax Rates – Single Taxpayers Standard Deduction $16,100 | |
| 10% | 0 to $12,400 |
| 12% | $12,401 to $50,400 |
| 22% | $50,401 to $105,700 |
| 24% | $105,701 to $201,775 |
| 32% | $201,776 to $256,225 |
| 35% | $256,226 to $640,600 |
| 37% | $640,601 or more |
| 2026 Tax Rates – Married Jointly & Surviving Spouses Standard Deduction $32,200 | |
| 10% | 0 to $24,800 |
| 12% | $24,801 to $100,800 |
| 22% | $100,801 to $211,400 |
| 24% | $211,401 to $403,550 |
| 32% | $403,551 to $512,450 |
| 35% | $512,451 to $768,700 |
| 37% | $768,701 or more |
| 2026 Tax Rates – Married Filing Separately Standard Deduction $16,100 | |
| 10% | 0 to $12,400 |
| 12% | $12,401 to $50,400 |
| 22% | $50,401 to $105,700 |
| 24% | $105,701 to $201,775 |
| 32% | $201,776 to $256,225 |
| 35% | $256,226 to $640,600 |
| 37% | $640,601 or more |
| 2026 Tax Rates – Head of Household Standard Deduction $24,150 | |
| 10% | 0 to $17,700 |
| 12% | $17,701 to $67,450 |
| 22% | $67,451 to $105,700 |
| 24% | $105,701 to $201,775 |
| 32% | $201,776 to $256,200 |
| 35% | $256,201 to $640,600 |
| 37% | $640,602 or more |
| 2026 Tax Rates – Estates & Trusts | |
| 10% | 0 to $3,300 |
| 24% | $3,301 to $11,700 |
| 35% | $11,701 to $16,000 |
| 37% | $16,001 or more |
| 2026 Social Security | 2026 Tax Rates |
| Social Security Tax Rate: Employers | 6.2% |
| Social Security Tax Rate: Employees | 6.2% |
| Social Security Tax Rate: Self-Employed | 12.4% |
| Maximum earnings subject to Social Security tax | $184,500 |
| Maximum earnings subject to Medicare tax | Unlimited |
| Medicare Tax Rate: Employers | 1.45% |
| Medicare Tax Rate: Employees | 1.45% |
| Medicare tax rate: Self-employed | 2.9% |
| Additional Medicare tax on FICA wages and self-employment income above $200,000 (single filers), $250,000 (joint filers), or $125,000 (seperate filers) | 0.9% |
| Net investment income tax on taxpayers with modified adjusted gross income (MAGI) exceeding $200,000 (single filers), $250,000 (joint filers), or $125,000 (sperate filers) | 3.8% |
| 2026 Miscellaneous | 2026 Tax Rates |
| Business Section 179 expensing limit | $2,500,000 |
| Business Section 179 phaseout threshold | $4,000,000 |
| First-year bonus depreciation rate | 100% |
| Income threshold after which the Section 199A (qualified business income) deduction for pass-through entities may begin to phase out | $201,750 (single and head of household); $403,500 (married filing jointly) |
| Qualified small-employer Health Reimbursement Arrangement limit | $6,450 (single coverage); $13,100 (family coverage) |
| Prior-year safe harbor for estimated taxes of higher-income taxpayers | 110% of 2025 tax liability |
| Standard mileage rate for business driving | Jan 1 – June 30: 72.5 cents July 1 – Dec 31: 76 cents |
| Standard mileage rate for medical driving | Jan 1 – June 30: 20.5 cents July 1 – Dec 31: 23.5 cents |
| Standard mileage rate for moving driving (only members of the Armed Forces on active duty who move because of a permanent change of station) | 20.5 cents |
| Standard mileage rate for charitable driving | 14 cents |
| Child Tax Credit (per child under age 17 at the end of the tax year) | $2,000 |
| Unearned income maximum for children under 19 before kiddie tax applies | $1,350 |
| Maximum capital gains tax rate for taxpayers with income up to $48,350 for single filers, $96,700 for married filing jointly | 0% |
| Maximum capital gains tax rate for taxpayers with income $48,350 to $533,400 for single filers, $96,700 to $600,050 for married filing jointly | 15% |
| Maximum capital gains tax rate for taxpayers with income above $533,400 for single filers, $600,050 for married filing jointly | 20% |
| Capital gains tax rate for unrecaptured Sec. 1250 gains | 25% |
| Capital gains tax rate on collectibles | 28% |
| Maximum contribution for Traditional/Roth IRA | $7,500 if under age 50 / $8,600 if 50 or older |
| Maximum employee contribution to SIMPLE IRA | $17,000 if under age 50 / $21,000 if 50 or older + $1,250 if age 60, 61, 62 or 63 |
| Maximum contribution to SEP IRA | 25% of eligible compensation up to $72,000 |
| 2026 Education | 2026 Tax Rates |
| American Opportunity Credit (per student) | $2,500 |
| Lifetime Learning Credit (per return) | $2,000 |
| Student Loan Interest Deduction (per return) | $2,500 |
| Coverdell Education Savings Account Contribution (per student) | $2,000 |
| 2026 Standard Meal Rates for in Home Child Care Providers | |
| Jan 1 – June 30 | |
| For each breakfast | $1.70 |
| For each lunch or supper | $3.22 |
| For each snack (up to 3 per day for each child) | $0.96 |
| July 1 – Dec 31 | |
| For each breakfast | $1.74 |
| For each lunch or supper | $3.31 |
| For each snack (up to 3 per day for each child) | $0.98 |
| Source: Federal Register | |
