Sound ProfitSolutions Book

Tax year 2026

2026 tax figures, at a glance.

The numbers people ask us about most, taken straight from the IRS.

Income tax brackets

2026 rate applies to taxable income over
RateSingleMarried filing jointly
10%$0$0
12%$12,400$24,800
22%$50,400$100,800
24%$105,700$211,400
32%$201,775$403,550
35%$256,225$512,450
37%$640,600$768,700

Head of household and married filing separately thresholds are in the IRS announcement (opens in a new tab).

Standard deduction

2026 standard deduction
Filing statusAmount
Single or married filing separately$16,100
Married filing jointly$32,200
Head of household$24,150

Standard mileage rates

The IRS raised the 2026 rates mid-year, so the rate depends on when you drove.

2026 standard mileage rates per mile
UseJan 1 to Jun 30Jul 1 to Dec 31
Business72.5¢76¢
Medical, or moving for active-duty military20.5¢23.5¢
Charitable14¢14¢

Source: IRS standard mileage rates (opens in a new tab).

Other key figures

  • $19,000Annual gift exclusionper recipient
  • $15,000,000Estate basic exclusionfor deaths in 2026
  • $17,670Adoption creditmaximum, $5,120 refundable
  • $8,231Earned income creditmaximum, three or more qualifying children

Figures are for tax year 2026 (returns filed in 2027). Source: IRS tax year 2026 inflation adjustments (opens in a new tab).

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