IRS releases income tax brackets and standard deductions for 2026. Here's what to know.

The IRS is adjusting the income limits for its federal income tax brackets to account for the impact of inflation, an annual reset that could provide relief for some Americans when they file their taxes next year.

The IRS makes these adjustments, typically in October or November, to avoid what it known as "bracket creep," which is when inflation pushes people into higher tax brackets, potentially forcing them to dole out more money come April.

The upshot: Americans will have to earn more income next year before reaching a higher tax bracket. For example, the upper tax limit on a single filer making $50,000 will be 12% in 2026 versus 22% in 2025.

See the updated tax brackets below.

The IRS did not respond to a request for comment on the inflation rate it applied in adjusting its tax bra