Important Numbers (2026)

2026 · IMPORTANT NUMBERS
ALTERNATIVE MINIMUM TAXLONG–TERM CAPITAL GAINS TAX 10%12%22%24%32%35%37%$0 - $3,300$3,301 - $11,700---$11,701 - $16,000Over $16,000FEDERAL INCOME TAXTAX RATETAX RATE0% RATE15% RATE20% RATE$0 - $24,800$24,801 - $100,800$100,801 - $211,400$211,401 - $403,550$403,551 - $512,450$512,451 - $768,700Over $768,700MFJ$0 - $12,400$12,401 - $50,400$50,401 - $105,700$105,701 - $201,775$201,776 - $256,225$256,226 - $640,600Over $640,600SINGLEESTATES & TRUSTSExemption Amount28% Tax Rate Applies To Income OverExemption Phaseout ThresholdMFJSingleEstates/TrustsExemption EliminationRates apply to LTCGs and qualified dividends, and are based on taxable income.Paid on the lesser of net investment income or excess of MAGI over:≤ $98,900≤ $49,450≤ $3,300$2,200($1,700 refundable)$98,901 - $613,700$49,451 - $545,500$3,301 - $16,250MFJ$250,000Begins at $200,000 (single)Begins at $400,000 (MFJ)Single$200,000> $613,700> $545,500> $16,2503.8% NET INVESTMENT INCOME TAXTAX CREDITS FOR CHILDRENMFJSINGLE$140,200$244,500$1,000,000$1,280,400$90,100$244,500$500,000$680,200ITEMIZED DEDUCTIONS (SCHEDULE A)NON-ITEMIZED BELOW-THE-LINE DEDUCTIONSSTANDARD DEDUCTIONFILING STATUSADDITIONAL (AGE 65/OLDER OR BLIND)TYPEAMOUNTPHASEOUT RANGETYPEAMOUNTPHASEOUT RANGETAX CREDITS & DEDUCTIONS FOR EDUCATIONTYPEAMOUNTPHASEOUT RANGEMFJSALTSingleMarried (Each Eligible Spouse)Unmarried (Single, HOH)$32,200$16,100$10,000 - $40,400$505,000 - $605,000(single or MFJ)1Rates apply to taxable income (i.e., income after deductions).20–50% of the first $3,000 in qualified expenses(or the first $6,000 if you have 2 or more children)$1,650$2,050Senior (65+)$6,000(per eligible individual)$75,000 - $175,000 (single)$150,000 - $250,000 (MFJ)Charitable$1,000 (single)$2,000 (MFJ)N/AOvertimeChild Tax Credit(Under 17)Child andDependent Care$12,500 (single)$25,000 (MFJ)$150,000 - $275,000 (single)$300,000 - $550,000 (MFJ)Tips$25,000 (single or MFJ)$150,000 - $400,000 (single)$300,000 - $550,000 (MFJ)Car LoanInterest$10,000(on US-assembled vehicles)$100,000 - $150,000 (single)$200,000 - $250,000 (MFJ)AmericanOpportunity100% (first $2,000)25% (next $2,000)$80,000 - $90,000 (single)$160,000 - $180,000 (MFJ)LifetimeLearning20% (first $10,000)$80,000 - $90,000 (single)$160,000 - $180,000 (MFJ)Student LoanInterest$2,500$85,000 - $100,000 (single)$175,000 - $205,000 (MFJ)QBIUp to 20% of QBI($400 minimum)$201,750 - $276,750 (single)2$403,500 - $553,500 (MFJ)2TYPEAMOUNTPHASEOUT RANGEESTATE & GIFT TAXLIFETIME EXEMPTIONTAX RATEGIFT TAX ANNUAL EXCLUSION$15,000,00040%$19,000
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2026 · IMPORTANT NUMBERS
RETIREMENT PLANSELECTIVE DEFERRALS (401(K), 403(B), 457)DEFINED CONTRIBUTION PLANContribution LimitCatch Up (Age 50+)403(b) Additional Catch Up (15+ Years of Service)Eligible Compensation Limit$24,500$8,000Catch Up (Ages 60–63)$11,250$3,000$360,000Full Retirement AgeDEFINED BENEFIT PLAN (MAX ANNUAL BENEFIT)Limit Per Participant$72,000$290,000QUALIFIED LONGEVITY ANNUITY CONTRACT$210,000 (lifetime limit)QUALIFIED CHARITABLE DISTRIBUTION$111,000 (per year)SIMPLE IRASEP IRATRADITIONAL IRA & ROTH IRA CONTRIBUTIONSROTH IRA ELIGIBILITYTRADITIONAL IRA DEDUCTIBILITY (IF COVERED BY WORK PLAN)Maximum % of Comp (Adj. Net Earnings If Self–Employed)Contribution LimitMinimum CompensationContribution LimitCatch Up (Age 50+)Single MAGI PhaseoutMFJ MAGI PhaseoutSingle MAGI PhaseoutMFJ MAGI PhaseoutMFJ (If Only Spouse Is Covered)1Even with the SALT deduction phaseout, itemizers are still entitled to a minimum $10,000 SALT deduction.2This QBI phaseout range applies only to SSTBs. Non-SSTBs use a separate, more complex phaseout.$7,500$1,100$153,000 - $168,000$242,000 - $252,000$81,000 - $91,000$129,000 - $149,000$242,000 - $252,00025%$72,000$800Contribution LimitCatch Up (Age 50+)$17,000 ($18,100, if eligible for 10% increase)$4,000 ($3,850, if eligible for 10% increase)Catch Up (Ages 60–63)$5,250Wage BaseMedicareCOLA$24,480$65,160EARNINGS LIMITBelow FRAReaching FRAAge 67 (if born in 1960 or later)$184,500No Limit2.8%PROVISIONAL INCOMEMFJ0% Taxable50% Taxable85% Taxable< $32,000$32,000 - $44,000> $44,000SINGLE< $25,000$25,000 - $34,000> $34,000Part B PremiumPart A Premium$202.90Less than 30 Credits: $56530-39 Credits: $311SOCIAL SECURITYMEDICARE PREMIUMS & IRMAA SURCHARGEYOUR 2024 MAGI WAS:IRMAA SURCHARGE:MFJSinglePart BPart D$218,000 or less$218,001 - $274,000$274,001 - $342,000$342,001 - $410,000$410,001 - $749,999$750,000 or more$109,000 or less$109,001 - $137,000$137,001 - $171,000$171,001 - $205,000$205,001 - $499,999$500,000 or more–$81.20$202.90$324.60$446.30$487.00–$14.50$37.50$60.40$83.30$91.00Contribution Limit (Under 18)CONTRIBUTIONMAX. OUT–OF–POCKETEXPENSECOVERAGEIndividualFamilyAge 55+ Catch Up$8,500$17,000$3,400 ($680 carryover limit)$7,500$5,000–MINIMUM ANNUALDEDUCTIBLE$1,700$3,400–$4,400$8,750$1,000Health Care FSA (or LPFSA)Dependent Care FSAFLEXIBLE SPENDING ACCOUNTSTRUMP ACCOUNTHEALTH SAVINGS ACCOUNT
© fpPathfinder.com. Licensed for the sole use of Dejan Ilijevski, MBA, MS of SCM Investment Services. All rights reserved. Used with permission. Updated 11/26/2025.
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 Dejan Ilijevski, MBA, MS

SCM Investment Services | Lake Elmo, MN | (612) 324-0629

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