IRS Inflation Adjustments for Tax Year 2026 (IR-2025-103)

IRS Inflation Adjustments for Tax Year 2026 (IR-2025-103)Applies to 2026 returns filed in 2027; detailed in Revenue Procedure 2025-32.Standard deduction (2026): $32,200 MFJ; $16,100 Single/MFS; $24,150 HOH. Note: OBBB set 2025 SD at $31,500 MFJ; $15,750 Single/MFS; $23,625 HOH.Marginal brackets (Single; MFJ): 37% over $640,600; $768,700. 35% over $256,225; $512,450. 32% over $201,775; $403,550. 24% over $105,700; $211,400. 22% over $50,400; $100,800. 12% over $12,400; $24,800. 10% up to $12,400; $24,800.AMT exemption (2026): $90,100 Single (phaseout starts $500,000); $140,200 MFJ (phaseout starts $1,000,000).Estate tax exclusion: $15,000,000 (up from $13,990,000 in 2025).Adoption credit: Up to $17,670; up to $5,120 refundable.Employer-provided childcare credit (for employers): Max increased to $500,000 ($600,000 for eligible small businesses) under OBBB.Other indexed items:Unindexed items: