IRS Sets 2026 Federal Income Tax Brackets, Top Rate at 37%
The highest tax rate will apply to incomes above $640,600 for individuals and $768,700 for joint filers, according to the IRS.
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Terms & Concepts
- Federal Income Tax Brackets: Tax ranges established by the government that determine the rate applied to different levels of taxable income.
- Top Marginal Tax Rate: The highest percentage rate applied to income over a specified threshold in a progressive tax system.