| Filing Status |
2026 Standard Deduction |
| Single |
$16,100 |
| Married Filing Joint |
$32,200 |
| Head of Household |
$24,150 |
| Qualifying relative income limits |
$5,300 |
| Plan / Limit |
2026 Amount |
| Individual retirement account (IRA) contribution |
$7,500 |
| — Additional if age 50+ |
$1,100 |
| 401(k), 403(b), SARSEP (under age 50) |
$24,500 |
| SIMPLE Plans (under age 50) |
$17,000 |
| Catch-up Contribution (Age 50+) |
| 401(k), SARSEP, 403(b) |
$32,500 |
| SIMPLE IRA, SIMPLE 401(k) |
$21,000 |
| Catch-up Contribution (Age 60–63) |
| 401(k), SARSEP, 403(b) |
$35,750 |
| SIMPLE IRA, SIMPLE 401(k) |
$22,250 |
Taxpayers can deduct contributions to a traditional IRA if they meet certain conditions. If during the year either the taxpayer or the taxpayer’s spouse was covered by a retirement plan at work, the deduction may be reduced, or phased out, until it is eliminated, depending on filing status and income. (If neither the taxpayer nor the spouse is covered by a retirement plan at work, the phase-outs of the deduction do not apply.) Here are the phase-out ranges for 2026:
| For single taxpayers covered by a workplace retirement plan, the phase-out range is |
2026 Phase-out Range |
| Single / HOH |
$81,000 – $91,000 |
| Married Filing Joint |
$129,000 – $149,000 |
| Married Filing Separate |
$0 – $10,000 |
| For an IRA contributor who is not covered by a workplace retirement plan and is married to someone who is covered |
2026 Phase-out Range |
| Single / HOH |
$153,000 – $168,000 |
| Married Filing Joint |
$242,000 – $252,000 |
| Married Filing Separate |
$0 – $10,000 |
| The income phase-out range for taxpayers making contributions to a Roth IRA |
2026 Phase-out Range |
| Single / HOH |
$153,000 – $168,000 |
| Married Filing Joint |
$242,000 – $252,000 |
| Married Filing Separate |
$0 – $10,000 |
Note: MFS treated as Single if the taxpayer did not live with their spouse during the year.
| HSA Limitations |
2026 Amount |
| Annual contribution limits |
| Self-only coverage, under age 55 |
$4,400 |
| Self-only coverage, age 55 or older |
$5,400 |
| Family coverage, under 55 |
$8,750 |
| Family coverage, age 55 or older* |
$9,750 |
| Minimum annual deductibles |
| Self-only coverage |
$1,700 |
| Family coverage |
$3,400 |
| Maximum annual deductibles & out-of-pocket expense limits |
| Self-only coverage |
$8,500 |
| Family coverage |
$17,000 |
* Assumes only one spouse has an HSA. See IRS Pub. 969 if both spouses have separate HSAs.
| Maximum Capital Gains / Qualified Dividends Tax Rate Breakpoints |
0% up to (2026) |
15% up to (2026) |
| MFJ or QSS |
$98,900 |
$613,913 |
| Single |
$49,450 |
$545,500 |
| Head of Household |
$66,200 |
$579,600 |
| Married Filing Separate |
$49,450 |
$306,850 |
| Qualified Business Income (QBI) – Threshold Amounts |
2026 Threshold Amount |
| Married Filing Joint |
$403,500 |
| Married Filing Separate |
$201,775 |
| Single / HOH |
$201,750 |
| American Opportunity Credit |
2026 |
| MFJ phaseout range |
$160,000 – $180,000 |
| Single / HOH phaseout range |
$80,000 – $90,000 |
| Credit – 100% of the first |
$2,000 |
| Credit – 25% of the next |
$2,000 |
| Lifetime Learning Credit |
2026 |
| MFJ phaseout range |
$160,000 – $180,000 |
| Single / HOH phaseout range |
$80,000 – $90,000 |
| Credit – 20% of the first |
$10,000 |
| Student Loan Interest Deduction |
2026 |
| MFJ phaseout range |
$175,000 – $205,000 |
| Single / HOH phaseout range |
$85,000 – $100,000 |
| Maximum deduction |
$2,500 |
| Child Tax Credit (CTC) |
2026 |
| Maximum tax credit (per qualifying child) |
$2,200 |
| Maximum refundable portion |
$1,700 |
| Child Tax Credit Phaseout begins |
2026 |
| Married Filing Joint |
$400,000 |
| Single / HOH |
$200,000 |
| Married Filing Separate |
$200,000 |
| Credit for other dependents |
$500 |
| Estate and Gift Tax |
2026 |
| Estate & gift lifetime exclusion |
$15,000,000 |
| Gift tax annual exclusion |
$19,000 |
| Gifts to non-citizen spouse |
$190,000 |
