See how your income tax bracket could change for 2027

TL;DR

Federal tax brackets are projected to rise by 3.2% next year due to inflation adjustments.
This increase helps prevent 'bracket creep,' where income taxed at lower rates can rise with inflation.
The IRS typically announces inflation-adjusted brackets in October or November.
Bloomberg Tax estimates the chained Consumer Price Index based on an 11-month average due to a government shutdown impacting October 2025 data.
Higher inflation in 2026, partly attributed to the Iran war affecting fuel prices, is a factor in the larger tax bracket adjustment.
The standard deduction is also projected to increase for both single filers and married couples filing jointly.

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