Tax Rates
Tax Rates for 2026
Single Taxpayers
Standard Deduction $16,100
10%
0 to $12,400
12%
$12,400 to $50,400
22%
24%
$105,700 to $201,775
32%
35%
37%
$50,400 to $105,700
$201,775 to $256,225
$256,225 to $640,600
Over $640,600
Head of Household
Standard Deduction $24,150
10%
12%
0 to $17,700
24%
$17,700 to $67,450
22%
32%
37%
$105,700 to $201,750
$201,750 to $256,200
$67,450 to $105,700
35%
$256,200 to $640,600
Over $640,600
Married Jointly & Surviving Spouses
Standard Deduction $32,200
10%
12%
0 to $24,800
24%
$24,800 to $100,800
22%
32%
37%
$100,800 to $211,400
$211,400 to $403,550
$403,550 to $512,450
35%
$512,450 to $768,700
Over $768,700
Married Filing Separately
Standard Deduction $16,100
10%
24%
0 to $12,400
12%
$12,400 to $50,400
22%
$50,400 to $105,700
$105,700 to $201,775
32%
$201,775 to $256,225
35%
$256,225 to $384,350
37%
Over $384,350
Estates & Trusts
10%
24%
0 to $12,400
12%
$12,400 to $50,400
22%
$105,700 to $201,775
$201,775 to $256,225
32%
$50,400 to $105,700
35%
$256,225 to $640,600
37%
Over $640,600
Education
American Opportunity Credit per student
Lifetime Learning Credit per return
Student Loan Interest Deduction per return
Coverdell Education Savings Account Contribution per student
$2,500 Limit
$2,000 Limit
$2,500 Limit
$2,000 Limit
Social Security
Social Security Tax Rate: Employers and 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 and 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%
Miscellaneous
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
Standard mileage rate for medical driving
20.5 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 and certain intelligence community members)
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)
$2,200
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