The Internal Revenue Service has announced new tax inflation rates, standard deductions and new federal income tax brackets for 2026 — and the adjustments may surprise you.

While the tax rate themselves will remain unchanged from 2025, standard deduction shows a slight increase — meaning people can earn more money before being bumped into a higher bracket.

Read more: Social Security COLA 2026: These 10 states will get the largest raises

Current tax rates range from 10% for the lowest income learners to 37% for the highest earners.

However, tax brackets will rise by about 4% for lower-income earners and approximately 2% for higher earners, according CNBC .

According to the IRS, the “tax items for tax year 2026 of greatest interest to most taxpayer,” is the standard deduction in

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