What's confirmed for tax year 2027 under current law — and what the IRS hasn't published yet. Sourced from the IRS and enacted statute only; no speculation. Last reviewed August 8, 2026.
For years, 2026 was pencilled in as the year the Tax Cuts and Jobs Act would expire and rates would snap back up. That cliff is gone: the One Big Beautiful Bill Act (P.L. 119-21, signed July 4, 2025) made the TCJA rate structure permanent. So 2027 is a year of continuity plus a handful of scheduled changes already written into law — listed below. The one thing nobody can tell you yet is the exact 2027 bracket dollar amounts, because the IRS hasn't published them.
The seven federal rates — 10%, 12%, 22%, 24%, 32%, 35%, 37% — continue in 2027. The bracket thresholds will be adjusted for inflation; for reference, the official 2026 thresholds (from IRS Rev. Proc. 2025-32) are:
| Rate | Single (2026, taxable income over) | Married filing jointly |
|---|---|---|
| 10% | $0 | $0 |
| 12% | $12,400 | $24,800 |
| 22% | $50,400 | $100,800 |
| 24% | $105,700 | $211,400 |
| 32% | $201,775 | $403,550 |
| 35% | $256,225 | $512,450 |
| 37% | $640,600 | $768,700 |
2027 dollar amounts: not yet released. The IRS publishes each year's inflation adjustments the preceding fall (the 2026 figures arrived October 9, 2025), so expect official 2027 brackets and standard deduction around October–November 2026. We'll update this page when they land. The 2026 standard deduction is $16,100 (single) / $32,200 (joint), and it stays inflation-indexed for 2027.
| Tax year | SALT cap |
|---|---|
| 2025 | $40,000 |
| 2026 | $40,400 |
| 2027 | $40,804 (+1%, set by statute) |
The state-and-local-tax deduction cap increases 1% per year through 2029, then reverts to $10,000 in 2030 under current law. The cap still phases down toward $10,000 for modified AGI above roughly $500,000 (that threshold also rises 1% per year). If you itemize in a high-tax state, 2027 gives you slightly more room.
| Deduction | Max amount | Available in 2027? |
|---|---|---|
| Qualified tips ("no tax on tips") | $25,000 | Yes (2025–2028) |
| Qualified overtime premium pay | $12,500 single / $25,000 joint | Yes (2025–2028) |
| Extra deduction for age 65+ | $6,000 per qualifying person | Yes (2025–2028) |
| Car loan interest (US-assembled vehicles) | $10,000 | Yes (2025–2028) |
All four are temporary deductions created by the 2025 law and all remain claimable on your 2027 return, subject to income phase-outs (tips and overtime phase out above $150,000 single / $300,000 joint). They're scheduled to expire after 2028 — so 2027 is the second-to-last year under current law.
The Opportunity Zone program is now permanent with rolling 10-year zone designations. The first new round of Qualified Opportunity Zones takes effect January 1, 2027, with tighter low-income eligibility criteria (Treasury published the eligible census tract rules in March 2026) and a rolling 5-year capital gain deferral for new investments. Relevant if you're planning to realize large capital gains in late 2026 vs 2027.
| Item | Status for 2027 |
|---|---|
| Child tax credit | $2,200 per child in 2026, inflation-indexed going forward |
| Estate tax exclusion | $15,000,000 base (2026), indexed for 2027 |
| Personal exemptions | Remain at $0 (permanent) |
| Residential clean-energy & EV credits | Already terminated (2025) — not available in 2027 |
| Trump accounts for newborns | $1,000 federal pilot contribution for babies born 2025–2028 |
The IRS has not yet released the 2027 bracket thresholds, standard deduction, 401(k)/IRA contribution limits, or Social Security wage base — all arrive in fall 2026 as routine inflation adjustments. No new tax legislation affecting 2027 has been enacted beyond what's listed above. Treat any specific "2027 bracket" figures you see elsewhere as unofficial projections.
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US Tax Bracket Calculator → US Take-Home by Salary →No — expect them from the IRS around October–November 2026. The seven rates (10%–37%) are permanent, so only the dollar thresholds will change with inflation.
Yes. The One Big Beautiful Bill Act made the TCJA rates and larger standard deduction permanent — there is no 2027 expiration.
$40,804 for most filers, set by the statute's 1%-per-year escalator, phasing down toward $10,000 at high incomes.
Yes — both run through tax year 2028, with income phase-outs above $150,000 single / $300,000 joint.
New Qualified Opportunity Zone designations take effect January 1, 2027, with a rolling 5-year gain deferral for new investments.
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This page summarizes enacted federal law and official IRS announcements for general information only — it is not tax advice. State taxes are not covered. Verify current figures at irs.gov or with a qualified tax professional before acting.