The Retirement Numbers: deductions, exclusions, and brackets
2026 law · reviewed September 5, 2026
| Figure | 2026 | Note |
|---|---|---|
| Standard deduction | $16,100 single · $32,200 joint · $24,150 head of household | |
| Additional standard deduction, 65 or older or blind | $1,650 per condition | $2,050 if unmarried and not a surviving spouse |
| Deduction for seniors (OBBBA) | $6,000 per person 65+ | 2025 through 2028; phases out above $75,000 single / $150,000 joint MAGI; itemizers too |
| 37% bracket begins | $640,600 single · $768,700 joint | $16,000 for a trust |
| Long-term capital gains, 0% up to | $49,450 single · $98,900 joint | 15% up to $545,500 / $613,700 |
| Net investment income tax threshold | $200,000 single · $250,000 joint | 3.8%; not indexed |
| Annual gift exclusion | $19,000 | $194,000 to a non-citizen spouse |
| Federal estate and gift exclusion | $15,000,000 | Per person; portable between spouses |
| Illinois estate tax exclusion | $4,000,000 | Not portable |
2026 standard deduction, senior deduction, gift and estate exclusions, and the top of each bracket (IRS Rev. Proc. 2025-32 and the OBBBA).
Educational only, not investment, tax, or legal advice. Results are hypothetical estimates that vary with each use and over time and are not guaranteed accurate or complete. Using this tool creates no client relationship with Considerate Capital, and the site that linked here is not affiliated with it. By using it you agree to the tool terms (opens in a new window).