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Did your tax bracket just change? Here's what the IRS announced

Did your tax bracket just change? Here's what the IRS announced
Photo: WXYZ Channel 7 (ABC Detroit) - News · view original

The IRS has announced new federal income tax brackets for 2027, raising income thresholds to account for inflation. For single filers, the new tax brackets are: 10%: $12,800 or less 12%: $12,801 to $52,025 22%: $52,026 to $109,125 24%: $109,126 to $208,325 32%: $208,326 to $264,550 35%: $264,551...

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