Complete guide to 2027 tax brackets. Standard deduction: $32,200 for married couples. Seven tax rates (10%-37%) now permanent. AMT exemption
🗓️ IRS Tax Brackets 2027: What Changes Next Year
The IRS has released the official inflation adjustments for tax year 2026 (filed in 2027). Here's what's changing 👇
Key changes at a glance:
1️⃣ Standard deduction increases:
Single/MFS: $16,100 (+$350)
Married Filing Jointly: $32,200 (+$700)
Head of Household: $24,150 (+$525)
2️⃣ 2027 federal tax brackets (Married Jointly):
10%: Up to $24,800
12%: $24,801 – $100,800
22%: $100,801 – $211,400
24%: $211,401 – $403,550
32%: $403,551 – $512,450
35%: $512,451 – $768,700
37%: Over $768,700
[See charts in the full post for Single, Head of Household, and Estate/Trust brackets.]
3️⃣ AMT Exemptions (2027):
Married Jointly: $140,200
Single/HOH: $90,100
MFS: $70,100
4️⃣ Estate Tax Exemption: ~$7,221,520 per individual (married couples: ~$14.44 million)
5️⃣ What's permanent now (OBBB Act): The seven tax rates (10%-37%) are now permanent – no more uncertainty about them reverting to pre-2018 levels.
Pro tip: Use these numbers for year-end planning. If you're close to a bracket threshold, consider income deferral or additional deductions to minimize your tax bill.
Important: This is for tax year 2026 (filed in 2027). The future of the estate tax exemption beyond 2026 remains uncertain.
Full breakdown + examples of how to calculate your taxes in the link in bio 👆
Are you doing any tax planning before year-end? 👇💸