Tax brackets and standard deduction for 2027: what changed

The tax rates for 2027 are the same seven as for 2026. What changes is where each one starts, and how much income the standard deduction shields. Both moved up. These are the figures from the two IRS revenue procedures.

The standard deduction

• Single, or married filing separately: $16,600, up from $16,100.
• Married filing jointly: $33,200, up from $32,200.
• Head of household: $24,925, up from $24,150.

The extra amount at 65

People who are 65 or older, or blind, get an additional standard deduction. For 2027 it is $2,100 if you are unmarried, up from $2,050, and $1,700 for each married person who qualifies, up from $1,650.

So a single person aged 65 has a standard deduction of $18,700 for 2027, before the separate $6,000 deduction for seniors.

Where the brackets start

For a single filer, the 12% rate starts at $12,800 of taxable income, up from $12,400. The 22% rate starts at $52,025, up from $50,400. The top 37% rate starts at $661,375, up from $640,600.

For a married couple filing jointly, the 12% rate starts at $25,600, up from $24,800, and the 22% rate at $104,050, up from $100,800.

What that means in practice

If your income is the same in both years, a little more of it is covered by the deduction and a little more of the rest falls in the lower brackets. A single filer with $60,000 of taxable income owes $7,912.00 for 2026 and $7,741.50 for 2027 from the rate tables.

Capital gains thresholds

The income up to which the 0% rate on capital gains applies also rose: to $51,050 for single filers, from $49,450, and to $102,100 for married couples filing jointly, from $98,900.

Which return is which

Tax year 2026 is the return you file in 2027. Tax year 2027 is the one you file in 2028. The tax bracket calculator and the standard deduction calculator both let you switch between the two years.