IRS RAISES 2026 TAX BRACKETS AND DEDUCTIONS The IRS announced new 2026 federal income tax brackets. The top 37% rate will apply to income above 640,600 for individuals and 768,700 for joint filers. The standard deduction rises to 32,200 for couples and 16,100 for singles. Long-term capital gains thresholds, the estate tax exemption, and earned income tax credit limits will also increase.(*Walter Bloomberg)