What are the tax brackets for 2026?
How single filers tax brackets are forecast to change in 2026 Single filers tax brackets20252026 12% $11,926-$48,475 $12,401-$50,400 22% $48,476-$103,350 $50,401-$105,700 24% $103,351-$197,300 $105,701-$201,775 32% $197,301-$250,525 $201,776-$256,2253 more rows 2 days ago
What was the standard deduction for taxes in 2016?
For 2016, the standard deduction remained at $12,600 for joint filers, the same as in 2015. For single filers and married filing separate filers, the deduction also remained the same as 2015 at $6,300.
What was the standard tax deduction in 2016?
The total amount of the standard deduction claimed for TY 2016 fell 0.8 percent, while the average standard deduc- tion claimed only increased from $8,691 for 2015 to $8,694 for 2016.
What was the tax table in 2016?
2016 Federal Tax Brackets Marginal Tax RateSingleMarried Filing Separately 28% $91,151 $190,150 $75,951 $115,725 25% $37,651 $91,150 $37,651 $75,950 15% $9,276 $37,650 $9,276 $37,650 10% $0 $9,275 $0 $9,2753 more rows
What were the tax rates in 2016?
Estimated Income Tax Brackets and Rates RateSingle FilersMarried Joint Filers 15% $9,275 to $37,650 $18,550 to $75,300 25% $37,650 to $91,150 $75,300 to $151,900 28% $91,150 to $190,150 $151,900 to $231,450 33% $190,150 to $413,350 $231,450 to $413,3504 more rows