2026 tax refund estimator
For the return you file in early 2027. Enter wages and withholding, then the new line items: tips, overtime premium, car-loan interest, age 65+, children. The estimator applies the 2026 brackets, the $16,100 / $32,200 standard deduction, every phase-out, and tells you the refund or balance due.
Income
New 2026 deductions
Itemizing?
Result
$0
estimated refund
$0total federal income tax
0%effective rate on gross income
0%marginal bracket
$0deductions used
$0value of the new deductions to you
$0child tax credit
2026 brackets
| Rate | Single | Married jointly | Head of household |
|---|---|---|---|
| 10% | $0 – $12,400 | $0 – $24,800 | $0 – $17,700 |
| 12% | $12,400 – $50,400 | $24,800 – $100,800 | $17,700 – $67,450 |
| 22% | $50,400 – $105,700 | $100,800 – $211,400 | $67,450 – $105,700 |
| 24% | $105,700 – $201,775 | $211,400 – $403,550 | $105,700 – $201,750 |
| 32% | $201,775 – $256,225 | $403,550 – $512,450 | $201,750 – $256,200 |
| 35% | $256,225 – $640,600 | $512,450 – $768,700 | $256,200 – $640,600 |
| 37% | over $640,600 | over $768,700 | over $640,600 |
Standard deduction $16,100 single, $32,200 joint, $24,150 head of household; plus $2,050 (single) or $1,650 (per spouse) for 65 or older or blind, and the separate $6,000 senior deduction. Source: IRS Rev. Proc. 2025-32. 2027 brackets for next year's planning.
The new deductions, with phase-outs
| Deduction | Max | Phase-out starts (single / joint) | Notes |
|---|---|---|---|
| Qualified tips | $25,000 | $150,000 / $300,000 | Cash and charged tips in a customary tipping occupation; $100 less per $1,000 over the threshold. Through 2028. |
| Overtime premium | $12,500 / $25,000 | $150,000 / $300,000 | FLSA premium portion only. Through 2028. |
| Senior deduction (65+) | $6,000 per person | $75,000 / $150,000 | 6% of income over the threshold is subtracted. Through 2028. |
| Car-loan interest | $10,000 | $100,000 / $200,000 | New vehicle, final assembly in the US, loan after Dec 31, 2024; $200 less per $1,000 over. Through 2028. |
| SALT cap (itemizers) | $40,400 | $505,000 (then falls to $10,000) | Cap grows 1% a year through 2029. |
| Child tax credit | $2,200 per child | $200,000 / $400,000 | Up to $1,700 refundable; child needs an SSN. |