The IRS announced inflation-adjusted 2026 tax brackets and deductions, easing bracket creep irs.gov cbsnews.com. For example, a single earner making $50,000 will now fall in the 12% bracket cbsnews.com. The standard deduction rises to $32,200 for joint filers irs.gov. All seven marginal rates remain in force under the new law, but higher income cutoffs apply irs.gov. Capital gains thresholds also jump: the 0% rate applies up to ~$49,450 or $98,900 thefinancebuff.com, and the 15% bracket extends to ~$545,500/$613,700 thefinancebuff.com. These changes stem from the new “One Big Beautiful Bill” law that makes most 2017 TCJA tax cuts permanent and adds new deductions for workers and seniors. Importantly, no new stimulus checks are coming despite social-media rumors – the IRS and Congress have confirmed no October payment ts2.tech.
