Estimate your 2025 federal refund or bill using our free income tax calculator. Enter your income, age and filing status to get started. Annual gross income Think of this as your salary, or the sum of your wages and tips, plus any income from interest ...

Each year, the IRS adjusts federal income brackets and thresholds, and capital gains taxes are no exception. Whether you hold stock, real estate, or other capital assets, knowing the correct long-term and short-term rates—and how they might shift—is critical to planning your investments and understanding your tax bill.

The 2026 standard deduction for dependents is limited to either $1,350 or the sum of $450 and the dependent’s earned income, whichever is greater. Note: The standard deduction for dependents cannot exceed the regular standard deduction for your filing status, even if your earned income is higher than the basic standard deduction amount.

The Internal Revenue Service unveiled Thursday its 2026 federal income tax brackets and deductions for the new tax year.