10%

0 to $12,400

12%

$12,400 to $50,400

22%

$50,400 to $105,700

24%

$105,700 to $201,775

32%

$201,775 to $256,225

35%

$256,225 to $640,600

37%

Over $640,600

2026 Tax Rates – Married Jointly & Surviving Spouses Standard Deduction $32,200

10%

0 to $24,800

12%

$24,800 to $100,800

22%

$100,800 to $211,400

24%

$211,400 to $403,550

32%

$403,550 to $512,450

35%

$512,450 to $768,700

37%

Over $768,700

2026 Tax Rates – Married Filing Separately Standard Deduction $16,100

10%

0 to $12,400

12%

$12,400 to $50,400

22%

$50,400 to $105,700

24%

$105,700 to $201,775

32%

$201,775 to $256,225

35%

$256,225 to $384,350

37%

Over $384,350

2026 Tax Rates – Head of Household Standard Deduction $24,150

10%

0 to $17,700

12%

$17,700 to $67,450

22%

$67,450 to $105,700

24%

$105,700 to $201,750

32%

$201,750 to $256,200

35%

$256,200 to $640,600

37%

Over $640,600

2026 Tax Rates – Estates & Trusts

10%

0 to $3,300

24%

$3,300 to $11,700

35%

$11,700 to $16,000

37%

Over $16,000

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) or $250,000 (joint filers)

0.9%

Net investment income tax on taxpayers with modified adjusted gross income (MAGI) exceeding $200,000 (single filers) or $250,000 (joint filers)

3.8%

2026 Miscellaneous

2026 Amounts

Business Section 179 expensing limit

$2,560,000

Business Section 179 phaseout threshold

$4,090,000

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

72.5 cents for Jan. 1 – June 30 and 76 cents for July 1 – Dec. 31.

Standard mileage rate for medical driving

20.5 cents for Jan. 1 – June 30 and 23.5 cents for July 1 – Dec. 31.

Standard mileage rate for moving driving (only members of the Armed Forces on active duty who move because of a permanent change of station and certain intelligence community members)

20.5 cents for Jan. 1 – June 30 and 23.5 cents for July 1 – Dec. 31.

Standard mileage rate for charitable driving

14 cents

Child Tax Credit (per child under age 17 at the end of the tax year)

$2,200

Unearned income maximum for children under 19 before kiddie tax applies

$1,350

Maximum capital gains tax rate for taxpayers with income up to $49,450 for single filers, $98,900 for married filing jointly

0%

Maximum capital gains tax rate for taxpayers with income $49,450 to $545,500 for single filers, $98,900 to $613,700 for married filing jointly

15%

Maximum capital gains tax rate for taxpayers with income above $545,500 for single filers, $613,700 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 Limits

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 Family Child Care Providers for income tax returns