The IRS has released new federal income tax brackets for 2026, the agency announced in a news release published on Thursday, Oct. 9.

The updates are due to changes in inflation and a new tax law that passed over the summer as part of President Donald Trump ’s “One, Big, Beautiful Bill.”

The adjustments take effect for the 2026 tax year, which means they will apply to tax returns filed in 2027.

Here’s everything you need to know.

What are the changes?

Standard deductions for the 2026 tax year will increase to $32,200 for married couples filing jointly. For single taxpayers and married individuals filing separately, the standard deduction rises to $16,100. For heads of households, the standard deduction will be $24,150, according to the release .

For tax year 2025, the new tax

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