08/02/2026
Did you know? The 2026 federal tax rates have been officially set by the IRS in Rev. Proc. 2025-32. For heads of household, the 10% tax bracket applies to income up to $17,700, while the top rate of 37% kicks in at $640,600. Married couples filing jointly enter the 10% bracket at $0 and move into the highest bracket of 37% once income exceeds $768,700. Single filers start at 10% for income up to $12,400, with the top rate applying beyond $640,600. Additionally, self-employment tax remains at a total rate of 15.3%, split between Social Security (12.4%) and Medicare (2.9%), with an additional 0.9% Medicare tax on earnings above certain thresholds. Stay informed about the structure that impacts so many.