Living figures
Fair warning: by the time you're holding this book, at least one of these numbers has already changed. That's not a typo — that's tax law. This page updates so the book doesn't have to. Pick a category, or choose your state to see your income tax next to the federal rates.
Updated for 2026| Rate | Single | Married filing jointly |
|---|---|---|
| 10% | Up to $12,400 | Up to $24,800 |
| 12% | Over $12,400 | Over $24,800 |
| 22% | Over $50,400 | Over $100,800 |
| 24% | Over $105,700 | Over $211,400 |
| 32% | Over $201,775 | Over $403,550 |
| 35% | Over $256,225 | Over $512,450 |
| 37% | Over $640,600 | Over $768,700 |
Scroll to see joint filing
Choose your state to see its 2026 income tax.
New for 2026: a senior deduction of $6,000 per qualifying taxpayer age 65+, phasing out above $75,000 (single) and $150,000 (joint).
| Rate | Single | Married filing jointly |
|---|---|---|
| 0% | Up to $49,450 | Up to $98,900 |
| 15% | $49,450–$545,500 | $98,900–$613,700 |
| 20% | Over $545,500 | Over $613,700 |
Scroll to see joint filing
Short-term gains are taxed as ordinary income, at the federal brackets above (10% to 37%).
Applies to investment income once modified AGI tops the threshold. Not adjusted for inflation.
Full contribution below the range, partial within it, none above.
529 contributions have no federal cap but count as gifts. See the $19,000 annual gift exclusion.
Begins phasing out above $200,000 (single) and $400,000 (joint).
New tax-advantaged account for kids under 18, created by the 2025 tax law. The $1,000 seed goes to U.S. citizen children born 2025–2028 with a Social Security number. Funds must stay in a low-cost U.S. stock index fund until the growth period ends (the year the child turns 17), after which the account is treated like a traditional IRA. The $5,000 cap is shared across all private contributors and indexes for inflation after 2027.
Made permanent and raised to $15M per person for 2026, indexed going forward.
IRMAA is based on your modified AGI from two years earlier.
Sources. Federal figures verified against the IRS (Rev. Proc. 2025-32, Notice 2025-67, Rev. Proc. 2025-19, IR-2026-31), the Social Security Administration, and CMS. State income tax rates from the Tax Foundation, as of January 1, 2026. Trump Account rules per IRS guidance and trumpaccounts.gov, current as of this writing and still subject to final regulations. For tax year 2026.
This page is general reference, not tax or financial advice. State summaries show the rate structure and range; local taxes, deductions, and special rules can change your numbers. Check your own situation with a qualified professional. Last reviewed June 2026.
Social Security
2026 adjustments
Earnings test
Benefits are withheld above these limits until you reach full retirement age, then restored.