For tax year 2026, the standard deduction will be $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100 ...

If you get a raise next year, there’s a chance your tax rate won’t change thanks to new tax brackets recently released by the Internal Revenue Service. And if you earn the same amount or less, your ...

Effective tax rate is your average tax rate as a percentage of total income. Marginal tax rate is the tax on your highest dollar earned, not your total income. Historically, top marginal rates have ...

Tax brackets are changing for 2026. You can make more money before moving up to a higher tax bracket. This could mean that you save money on your taxes compared with last year. Tax bracket changes ...

Amidst the 2025 tax season, if you're keeping an eye on your taxes for next year, you're still keenly interested in what your 2026 income tax burden might look like. Therefore, which tax bracket ...

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold stock, real estate, or other capital assets, knowing the correct long-term ...

There are many situations where farmers can sell assets they have held for over a year and owe no federal income taxes on the gain. Capital gains that are taxed in the old 15% tax bracket are actually ...

Trina Paul is a Breaking News and Personal Finance Writer at Investopedia, covering topics like retirement, consumer debt, and retail investing. She focuses on making complex financial topics ...

The government has also adjusted federal tax brackets using a 2-per-cent inflation rate. The 2026 federal tax brackets are: ...