The IRS has announced the annual inflation adjustments for the year 2026, including tax rate schedules, tax tables and cost-of-living adjustments.

These are the official numbers for the tax year 2026—the tax year that begins on January 1, 2026. These are not the numbers that you’ll use to prepare your 2025 tax returns in 2026 (you’ll find those official 2025 tax numbers here). These are the numbers that you’ll use to prepare your 2026 tax returns in 2027—and that you’ll use for your tax planning throughout the year.

If you aren’t expecting any significant changes in 2026, you can use the updated numbers to estimate your liability. If you plan to make more (or less) money or change your circumstances—including getting married, starting a business, or having a baby—consider adjusting your withholding or tweaking your estimated tax payments.

One quick note: In addition to these announced changes, don’t forget that there have been several significant changes to the tax code, thanks to the One Big Beautiful Bill Act (OBBBA). You’ll see some of those referenced below. You may want to make changes to your withholding when the new withholding tables are published—those will be effective beginning in 2026 (there are no changes for 2025).

There are seven (7) tax rates in 2026. They are: 10%, 12%, 22%, 24%, 32%, 35% and 37% (there is also a zero rate). These rates, which were lowered as part of the Tax Cuts and Jobs Act (TCJA), were made permanent under OBBBA.

Here's how those break out by filing status:

It’s worth noting that in the official Rev. Proc. charts, there are discrepancies in the numbers for Heads of Household (HOH). Notably, in the Rev. Proc. for HOH, the 24% rate ends with $201,775 but the 32% rate begins at $201,751. I’ve reached out to the IRS and will update accordingly.

Your marginal tax rate determines what you pay when you receive the next dollar of income—it represents the highest tax rate you pay for the year. For the tax year 2026, the top tax rate is 37% for individual single taxpayers with incomes greater than $640,600 ($768,700 for married couples filing jointly).

The other rates are:

There will be no personal exemption amounts in 2026. Personal exemptions used to decrease your taxable income before you........

© Forbes