US Federal Tax Rates & Allowances Reference 2026
Federal reference for self-employed Americans, sole proprietors, and S-Corp owners. State numbers in the State Comparison.
Last reviewed:
Guidance, not advice. We explain the rules, we don't assess your situation. Always seek financial or tax advice from a qualified CPA, Enrolled Agent, or tax attorney, or contact the IRS. Read our editorial scope →
Last reviewed:
Editorial reference only. All figures sourced from the locked TY 2026 federal configuration (OBBBA permanent law). State rates and surtaxes change with each state budget — see the State Comparison for jurisdiction detail.
A. Federal Income Tax Brackets 2026 (Single)
$0 – $11,92510%
$11,926 – $48,47512%
$48,476 – $103,35022%
$103,351 – $197,30024%
$197,301 – $250,52532%
$250,526 – $626,35035%
Above $626,35137%
Standard deduction (Single)$16,100
Additional SD (65+/blind, Single/HoH)$2,050
B. Federal Income Tax Brackets 2026 (MFJ)
$0 – $23,85010%
$23,851 – $96,95012%
$96,951 – $206,70022%
$206,701 – $394,60024%
$394,601 – $501,05032%
$501,051 – $752,80035%
Above $752,80137%
Standard deduction (MFJ)$32,200
Additional SD (65+/blind, MFJ/MFS)$1,650
C. Payroll & Self-Employment Tax
Total SE rate (combined)15.3%
Social Security rateWage base $184,50012.4%
Medicare rateUncapped2.9%
Additional MedicareSingle $200,000 · MFJ $250,0000.9%
SE base multiplier0.9235 of net SE earnings92.35%
D. Retirement & HSA Contribution Limits
Solo 401(k) employee deferral$24,500
Solo 401(k) catch-up (50+)$8,000
SECURE 2.0 enhanced catch-up (60–63)$11,250
Solo 401(k) total limit$72,000
SEP-IRA max25% of net SE income, comp cap $345,000$72,000
Traditional/Roth IRA+$1,000 catch-up 50+; +$2,000 ages 60–63$7,500
HSA self-only / family+$1,000 catch-up 55+$4,400 / $8,750
E. Long-Term Capital Gains & NIIT
LTCG brackets (Single):
Up to $48,3500%
Up to $533,40015%
Above $533,40020%
LTCG brackets (MFJ):
Up to $96,7000%
Up to $600,05015%
Above $600,05020%
Collectibles (§408(m))28% max — applies to NFTs treated as collectibles28%
§1250 unrecaptured depreciation25%
NIIT (§1411)Single MAGI $200,000 · MFJ $250,000 · unindexed3.8%
F. QBI §199A Deduction
QBI rate20%
Threshold (Single)Phase-in range $50,000$197,300
Threshold (MFJ)Phase-in range $100,000$394,600
C-Corp federal rate21%
CAMT (book minimum tax)Applies above $1,000,000,000 book income15%
G. AMT (Form 6251)
Exemption (Single)$90,100
Exemption (MFJ)$140,200
Phase-out begins (Single)$500,000
Phase-out begins (MFJ)$1,000,000
Rates28% above $248,300 AMTI26% / 28%
H. Estate, Gift & SALT
Estate/gift exemption (individual)OBBBA permanent$15,000,000
Estate/gift exemption (couple, portability)$30,000,000
Top federal estate rate40%
GST exemption$15,000,000
Annual gift exclusion$19,000
SALT cap (2026)MFS half-cap; phase-down above $500,000; reverts to $10,000 in 2030$40,000
CTC per childACTC refundable max $1,700 · ODC $500$2,200
I. OBBBA Temporary Provisions (2025–2028)
No Tax on Tips — max exclusionMAGI cap $160,000$25,000
No Tax on Overtime — Single / MFJ$12,500 / $25,000
Car loan interest (US-assembled)Above-the-line$10,000
Senior bonus SD — Single / MFJ (65+)$6,000 / $12,000
Non-itemizer charitable — Single / MFJPermanent from 2026$1,000 / $2,000
J. International, Mileage & Other Limits
FEIE max exclusion (§911)$132,900
FEIE housing limit$39,870
Business mileageMedical/moving 0.22/mi · Charitable 0.14/mi0.725/mi
Home-office simplifiedMax 300 sq ft · cap $1,500$5/sq ft
§179 expense limitPhase-out at $3,210,000$2,560,000
Bonus depreciation100% permanently restored under OBBBA100%
§121 home-sale exclusion (Single / MFJ)$250,000 / $500,000
§1202 QSBS per-issuer cap100% exclusion · 5-yr hold · gross-asset cap $50,000,000$10,000,000
1099-NEC / 1099-MISC threshold$2,000
1099-K threshold+ 200 transactions$20,000
Backup withholding24%
Income Tax Calculator →
Federal 2026 brackets, QBI, CTC, state overlay
Self-Employment Tax Calculator →
Schedule SE + Additional Medicare
State Comparison →
All 51 jurisdictions side-by-side
Corporate Tax Calculator →
C-Corp 21%, CAMT, QBI for pass-throughs
Disclaimer: Reference figures only. Confirm specific situations with the IRS, your state's department of revenue, or a qualified CPA / EA / tax attorney before filing.