On November 5, 2026 the IRS published the tax year 2027 inflation adjustments for almost 70 tax provisions, in Revenue Procedure 2026-35 (IRS news release IR-2026-133). These numbers apply to income earned in 2027 and to the tax returns filed in early 2028. Returns filed in early 2027 still use the 2026 figures. General information only, not tax advice.
Standard deduction for 2027
| Filing status | 2026 | 2027 |
|---|---|---|
| Single or married filing separately | $16,100 | $16,600 |
| Married filing jointly | $32,200 | $33,200 |
| Head of household | $24,150 | $24,925 |
The extra standard deduction for people who are 65 or older or blind is $1,700 in 2027, or $2,100 if unmarried and not a surviving spouse.
2027 tax brackets
The seven rates stay the same: 10%, 12%, 22%, 24%, 32%, 35% and 37%. Each rate applies only to the part of taxable income inside its bracket.
| Rate | Single | Married filing jointly | Head of household |
|---|---|---|---|
| 10% | Up to $12,800 | Up to $25,600 | Up to $18,250 |
| 12% | $12,800 to $52,025 | $25,600 to $104,050 | $18,250 to $69,650 |
| 22% | $52,025 to $109,125 | $104,050 to $218,250 | $69,650 to $109,100 |
| 24% | $109,125 to $208,325 | $218,250 to $416,650 | $109,100 to $208,300 |
| 32% | $208,325 to $264,550 | $416,650 to $529,100 | $208,300 to $264,550 |
| 35% | $264,550 to $661,375 | $529,100 to $793,650 | $264,550 to $661,350 |
| 37% | Over $661,375 | Over $793,650 | Over $661,350 |
Credits and other amounts for 2027
- Child tax credit: $2,300 per qualifying child, up $100; up to $1,800 of it can be refundable.
- Earned income tax credit: up to $685 with no qualifying children, $4,573 with one, $7,552 with two and $8,496 with three or more. No credit if investment income is over $12,600.
- Capital gains and qualified dividends: the 0% rate applies up to $51,050 of taxable income for single filers, $102,100 for married couples filing jointly and $68,350 for heads of household; the 20% rate starts above $563,200, $633,600 and $598,400.
- Health flexible spending account: up to $3,500 of salary reductions, with up to $700 carried over if the plan allows.
- Commuter benefits: up to $350 a month each for transit passes and qualified parking.
- Gifts: the first $20,000 given to any one person in 2027 does not count toward taxable gifts.
- Estate tax: the basic exclusion amount for people who die in 2027 is $15,480,000.
- Adoption credit: up to $18,250.
- Alternative minimum tax exemption: $93,000 for unmarried people and $144,700 for married couples filing jointly.
Source: IRS Revenue Procedure 2026-35. The 2027 limits for 401(k) plans and IRAs are published separately and had not been announced when we checked on November 8, 2026.
What it means for you
- Higher brackets and a higher standard deduction mean slightly less federal tax on the same pay. Employers use the new figures in their withholding tables from January 2027.
- Your 2026 return, filed in early 2027, still uses the 2026 brackets and deductions.
- Our tax bracket, child tax credit and EITC calculators now let you choose tax year 2027.
Frequently asked questions
What is the standard deduction for 2027?
$16,600 for single filers and married people filing separately, $33,200 for married couples filing jointly and $24,925 for heads of household.
What are the 2027 tax brackets for single filers?
10% up to $12,800 of taxable income, 12% to $52,025, 22% to $109,125, 24% to $208,325, 32% to $264,550, 35% to $661,375 and 37% above that.
When do the 2027 tax brackets apply?
To income earned from January 1 to December 31, 2027, reported on the return you file in early 2028.
How much is the child tax credit in 2027?
$2,300 per qualifying child, with up to $1,800 refundable.
Have the 2027 401(k) and IRA limits been announced?
Not in this release. The IRS announces them separately; we will update our calculators when it does.