2026 Federal Tax Brackets and Key Contribution Limits

Download Comprehensive Federal Tax Information for 2026 updated with One Big Beautiful Bill Act

Notable increases to 401(k), 403(b), 457 Plan contributions to $24,500 and catch-up contributions over age 50 to $8,000. IRA contribution limits increased to $7,500 with catch-up contributions over age 50 to $1,100. Also, an increase in SALT (state and local taxes) up to $40,400 for AGI (Aggregate Gross income) between $505,000 to $605,000.

Tax Brackets for 2026

Below rates are applied to Ordinary Income which include wages, self-employment income, interest, short-term capital gains and non-qualified dividends (ordinary dividends - qualified dividends).

The following rates are applied to Long-Term Capital Gains and Qualified Dividends. The brackets are determined after adding Ordinary Income to the long-term gains and dividends.

401(k), 403(b) 457 Plan Contribution Limits for 2026

If the employer retirement plan allows After-Tax Contributions, then the total contribution including 401(k), Roth 401(k), Employer Match (also Profit-Sharing Contributions) and After-Tax Contributions cannot exceed $72,000 for under age 50. Age 50 and above can contribute an additional $8,000. The catch-up contributions must be in Roth 401(k) if employee earned more than $145,000 from a single employer in the prior year.

IRA, Roth IRA Contribution Limits for 2026

Standard Deductions for 2026

Increased State & Local Taxes Deductions for 2026

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