Available IRS Tax Forms 2025 to Print

Americans’ Tax Refunds in 2026 – As we wrap up 2025, many Americans are already thinking ahead to their 2026 tax refunds. These refunds pertain to the 2025 tax year, which you’ll file in early 2026. With recent legislative changes like the One Big Beautiful Bill Act (OBBBA), there’s buzz about potentially larger refunds for millions of filers. In this comprehensive guide, we’ll cover the latest updates, projected average refund amounts, the IRS refund schedule for 2026, strategies to boost your return, and pitfalls to avoid. Whether you’re a first-time filer or a seasoned taxpayer, understanding these details can help you navigate tax season smoothly and potentially pocket more money.

Key Changes for the 2025 Tax Year Impacting 2026 Refunds

The 2025 tax year brings several adjustments that could influence your refund when you file in 2026. The most significant is the OBBBA, signed into law on July 4, 2025, which introduces taxpayer-friendly provisions. Here’s a breakdown of the major updates:

• Increased Standard Deductions: For tax year 2025, the standard deduction rises to $31,500 for married couples filing jointly (MFJ) and $15,750 for single filers, thanks to OBBBA amendments. Looking ahead, inflation adjustments push it to $32,200 for MFJ in 2026. This means more of your income is tax-free, potentially leading to bigger refunds.
• Enhanced Deductions for Seniors: Individuals aged 65 and older can claim an additional $6,000 deduction from 2025 through 2028, on top of the standard deduction. This “bonus” deduction is designed to provide relief for retirees and could add hundreds to your refund.
• Mileage Rate Increase: Starting January 1, 2025, the business mileage deduction jumps by 3 cents per mile, benefiting self-employed individuals and gig workers.
• No Major Withholding Changes: The IRS has confirmed that federal income tax withholding tables remain unchanged for 2025 under OBBBA, and forms like W-2 and 1099 stay the same. However, some deductions phase out for high earners, such as those with modified adjusted gross income over $500,000.
• Permanent Tax Brackets: The seven federal brackets (10%, 12%, 22%, 24%, 32%, 35%, 37%) are locked in, with inflation adjustments applied annually.

These changes are part of a broader effort to reduce individual taxes by an estimated $144 billion in 2025, with up to $100 billion flowing back as refunds.

Projected Average Tax Refund for 2026

Tax refunds have been a welcome financial boost for Americans, and 2026 could see even larger ones due to OBBBA’s tax cuts. For the 2025 filing season (2024 taxes), the average refund was $3,151. However, analysts project an average increase of about $1,000 per refund in 2026, potentially pushing the average to around $4,151. This surge is attributed to the bill’s provisions, with total refund growth estimated at $91 billion.

Historical averages provide context:

Source: IRS data. Keep in mind, your actual refund depends on factors like income, deductions, and credits. Use tools like TurboTax’s refund estimator for a personalized projection.

IRS Tax Refund Schedule for 2026: When Will You Get Yours?

The IRS aims to issue most refunds within 21 days of e-filing, but exact timing varies based on when your return is accepted. For 2026, expect the tax season to open in late January, with deadlines around April 15 (or later if extended). Direct deposit is the fastest method, and paper checks are being phased out—no more mailed refunds after September 30, 2025.

Here’s an estimated 2026 refund calendar for e-filed returns with direct deposit (assuming no issues like EITC claims, which may delay until late February):

Adapted from IRS guidelines and expert projections. For EITC or ACTC claims, add 2–3 weeks. Track your status via the IRS “Where’s My Refund?” tool. Note: There’s no universal $2,000 direct deposit in January 2026—refunds are individualized.

Tips to Maximize Your 2026 Tax Refund

To make the most of your 2026 refund, act before December 31, 2025, for 2025 tax year adjustments. Here are proven strategies:

• Maximize Retirement Contributions: Contribute the max to your IRA ($7,000 for 2025, plus $1,000 catch-up if 50+) or 401(k) ($23,500). This reduces taxable income.
• Harvest Tax Losses: Sell underperforming investments to offset gains, up to $3,000 against ordinary income.
• Donate to Charity: Itemize if donations exceed the standard deduction. Cash gifts up to 60% of AGI qualify.
• Claim All Credits and Deductions: Don’t overlook education credits, energy-efficient home improvements, or HSA contributions (up to $4,150 for individuals).
• Optimize Filing Status: Consider married filing separately if it yields a bigger refund.
• Get Organized Early: Gather W-2s, 1099s, and receipts now to avoid rushed errors.

Experts emphasize that these moves could add $1,000 or more to your refund under OBBBA.

Common Mistakes to Avoid When Filing Your 2025 Taxes

Even small errors can delay your refund or trigger audits. Here are frequent pitfalls and how to sidestep them:

• Incorrect Personal Info: Double-check names, SSNs, addresses, and bank details. Mismatches cause rejections.
• Underreporting Income: Report all sources, including side gigs and investments. The IRS gets copies of your 1099s.
• Wrong Filing Status or Deductions: Choose the right status (e.g., head of household) and only claim eligible credits.
• Math or Data Entry Errors: Use software to avoid calculations gone wrong.
• Missing Documentation for Donations: Keep receipts for charitable gifts, and verify the charity’s eligibility.
• Filing Late or Manually: E-file to speed things up and reduce errors. Avoid paper filing if possible.

By steering clear of these, you can ensure a smoother process and faster refund.

Final Thoughts on 2026 Tax Refunds

With OBBBA paving the way for potentially record-high refunds, 2026 could be a banner year for American taxpayers. Start preparing now by reviewing your withholding, maximizing deductions, and using reliable tools like those from the IRS or TurboTax. If your situation is complex, consult a tax professional. Remember, a bigger refund often means you’ve overpaid throughout the year—adjust your W-4 for more take-home pay if needed. Stay informed via official IRS updates for any last-minute changes. Happy filing!

2026 SSI Payment Schedule – Supplemental Security Income (SSI) provides essential financial support to millions of Americans, including the elderly, disabled adults, and children with limited income and resources. As we approach 2026, understanding the payment schedule is crucial for budgeting and planning. This article covers the official 2026 SSI payment dates, adjusted for weekends and holidays, along with benefit amounts following the latest Cost-of-Living Adjustment (COLA). All information is sourced from the Social Security Administration (SSA) and reliable government references.

What Is SSI and Who Qualifies?

SSI is a federal program administered by the SSA designed to help individuals with disabilities or those aged 65 and older who have minimal income and assets. Unlike Social Security retirement benefits, SSI is needs-based and funded by general tax revenues. To qualify, applicants must meet strict income limits, resource caps (e.g., no more than $2,000 in assets for individuals), and disability criteria if under 65.

In 2026, the program continues to adjust for inflation through the annual COLA, ensuring benefits keep pace with rising costs.

2026 SSI Payment Dates

SSI payments are typically issued on the first day of each month. However, if the first falls on a weekend or federal holiday, the payment is advanced to the previous business day. This adjustment ensures recipients receive funds without delay. The following table outlines the exact payment dates for 2026, based on the SSA’s standard rules and the 2026 calendar.

These dates account for federal holidays such as New Year’s Day, Juneteenth, Independence Day, and others, as well as weekends. Note that if you receive both SSI and Social Security benefits, your SSI payment may arrive on the 1st (or adjusted date), while Social Security follows a separate schedule based on your birth date.

How Are SSI Payment Dates Determined?

The SSA follows clear guidelines for scheduling payments:

• Standard Date: The 1st of the month.
• Adjustments: If the 1st is a Saturday, Sunday, or federal holiday, payment shifts to the last business day of the prior month.
• Direct Deposit: Most recipients get payments via direct deposit, which posts early in the day. Paper checks may take longer.
• Special Cases: For those who started receiving SSI before May 1997 or receive both SSI and Social Security, payments might align differently, with Social Security often on the 3rd.

Always check your my Social Security account on the SSA website for personalized details.

2026 SSI Benefit Amounts and COLA

The SSA announced a 2.8% COLA for 2026, effective for payments starting December 31, 2025 (for January benefits). This increase reflects changes in the Consumer Price Index (CPI-W) to combat inflation.

Here are the maximum federal SSI payment amounts for 2026:

• Eligible Individual: $994 per month (up from $967 in 2025).
• Eligible Couple: $1,491 per month (up from $1,450 in 2025).
• Essential Person (caregiver): $498 per month.

Actual amounts vary based on income, living arrangements, and state supplements (e.g., California, New York, and others add extra funds). The average SSI payment is lower than the maximum, often around $600–$700, depending on individual circumstances.

Factors Affecting Your SSI Payments in 2026

• Income Changes: Report any earnings, pensions, or other income to the SSA, as they can reduce benefits.
• State Supplements: About 44 states provide additional SSI payments, which may follow the same or a different schedule.
• Overpayments or Underpayments: The SSA may adjust future payments if errors occur.
• Direct Deposit Setup: Enroll via the SSA website to avoid delays with checks.

If you miss a payment, wait three mailing days before contacting the SSA at 1-800-772-1213.

Frequently Asked Questions (FAQs) About 2026 SSI Payments

When will I receive my first 2026 SSI payment?

The January payment arrives on December 31, 2025, due to the holiday adjustment.

How does the COLA affect my check?

The 2.8% increase applies automatically starting with the December 31, 2025 payment. You’ll receive a notice from the SSA in December 2025.

What if the payment date falls on a holiday?

It’s advanced to the prior business day, as shown in the table above.

Can I view my payment schedule online?

Yes, log into your my Social Security account at ssa.gov to see upcoming payments.

Are there changes to SSI rules in 2026?

No major rule changes are announced, but always check the SSA website for updates.

For the most accurate information, visit the official SSA website or consult a local office. This guide is for informational purposes and based on data available as of December 31, 2025.

2026 Roth IRA Contribution Limits – As we approach the new year, many investors are planning their retirement savings strategies. One popular option is the Roth IRA, known for its tax-free growth and withdrawals in retirement. If you’re wondering about the 2026 Roth IRA contribution limits, you’ve come to the right place. In this article, we’ll break down the latest updates from the IRS, including regular limits, catch-up contributions, and income eligibility requirements. These changes reflect cost-of-living adjustments and can impact how much you can save tax-advantaged for the future.

Whether you’re a young professional starting out or nearing retirement, understanding the Roth IRA limits for 2026 is essential for maximizing your contributions. Let’s dive into the details.

What Is a Roth IRA?

A Roth IRA is an individual retirement account that allows you to contribute after-tax dollars, with the benefit of tax-free earnings and qualified withdrawals after age 59½. Unlike traditional IRAs, Roth IRAs don’t offer upfront tax deductions, but they provide flexibility in retirement, as distributions are generally tax-free. This makes them ideal for those expecting to be in a higher tax bracket later or wanting to avoid required minimum distributions (RMDs).

Roth IRAs are subject to annual contribution limits set by the IRS, which are adjusted periodically for inflation. For 2026, these limits have seen a notable increase, making it easier to build your nest egg.

2026 Roth IRA Contribution Limits

The IRS has announced an increase in the annual contribution limit for Roth IRAs in 2026. The base limit for individuals under age 50 is now $7,500, up from $7,000 in 2025. This adjustment accounts for inflation and allows savers to put away more money each year.

Here’s a quick breakdown:

• Under age 50: Up to $7,500
• Total for all IRAs: Remember, this limit applies to the combined contributions across all your traditional and Roth IRAs.

These limits are based on your taxable compensation for the year—if your earnings are less than $7,500, your contribution is capped at your income level.

Catch-Up Contributions for 2026

If you’re age 50 or older, you can make additional “catch-up” contributions to supercharge your retirement savings. For 2026, the catch-up amount has been boosted to $1,100, an increase from $1,000 in 2025. This means eligible individuals can contribute a total of $8,600 ($7,500 base + $1,100 catch-up).

Catch-up contributions are a valuable tool for those who may have started saving later in life or want to maximize their Roth IRA benefits before retirement. Note that the catch-up limit applies across all IRA types, not just Roth.

Income Limits for Roth IRA Contributions in 2026

Not everyone can contribute the full amount to a Roth IRA—eligibility depends on your modified adjusted gross income (MAGI). The IRS has raised these phase-out ranges for 2026 to reflect economic changes.

Here’s how it breaks down by filing status:

If your MAGI falls within the phase-out range, your contribution limit is reduced proportionally. For example, a single filer with $160,000 MAGI can only contribute a portion of the $7,500 limit. You can use IRS worksheets or consult a tax advisor to calculate your exact allowable amount.

These ranges are higher than in 2025, where singles phased out between $150,000 and $165,000, and joint filers between $236,000 and $246,000. This expansion means more middle- and upper-middle-income earners can fully participate in Roth IRAs.

Changes from 2025 to 2026

The 2026 updates build on the 2025 limits, which were $7,000 base ($8,000 with catch-up). Key changes include:

• Base Limit Increase: $500 bump to $7,500.
• Catch-Up Increase: $100 rise to $1,100, allowing a total of $8,600 for those 50+.
• Income Phase-Out Adjustments: Higher thresholds across most filing statuses, enabling more people to contribute fully.

These adjustments are part of the IRS’s annual cost-of-living updates, announced in November 2025. They reflect ongoing inflation trends and aim to help Americans save more for retirement.

Benefits of Contributing to a Roth IRA in 2026

With higher limits, 2026 is a great year to prioritize your Roth IRA. Benefits include:

• Tax-Free Growth: Earnings grow without taxes, and qualified withdrawals are tax-free.
• No RMDs: Unlike traditional IRAs, Roths don’t require withdrawals at age 73, allowing for longer compounding.
• Flexibility: You can withdraw contributions (not earnings) penalty-free at any time.
• Estate Planning: Heirs inherit Roth IRAs tax-free, making them a powerful legacy tool.

By maxing out your 2026 Roth IRA contribution limits, you can potentially save thousands in future taxes.

How to Make Contributions for 2026?

To contribute, open a Roth IRA with a brokerage like Fidelity, Vanguard, or Charles Schwab. Contributions for 2026 can be made from January 1, 2026, through April 15, 2027 (tax filing deadline).

Tips for success:

• Automate monthly contributions to reach the limit gradually.
• Check your MAGI early to ensure eligibility.
• If over the income limit, consider a backdoor Roth IRA conversion (consult a professional for tax implications).

Always verify your eligibility with a tax advisor, as rules can be complex.

Frequently Asked Questions About 2026 Roth IRA Limits

Can I contribute to both a Roth and Traditional IRA in 2026?

Yes, but the combined total can’t exceed $7,500 (or $8,600 with catch-up).

What if my income exceeds the phase-out range?

You can’t contribute directly to a Roth IRA, but a backdoor strategy might work.

Are there penalties for over-contributing?

Yes, a 6% excise tax applies annually until corrected. Withdraw excess contributions by your tax deadline to avoid it.

Final Thoughts

The 2026 Roth IRA contribution limits offer an exciting opportunity to boost your retirement savings with tax advantages. With the base limit at $7,500 and expanded income ranges, more Americans can take full advantage of this powerful account. Stay informed with official IRS updates and consider consulting a financial planner to optimize your strategy.

By planning now, you can secure a brighter financial future. If you’re ready to contribute, start today and watch your savings grow tax-free.

2026 IRS Mileage Reimbursement Rate – The IRS mileage reimbursement rate is a crucial figure for taxpayers, self-employed individuals, and businesses tracking vehicle expenses. For 2026, the Internal Revenue Service has updated these rates to reflect changes in fuel costs, vehicle maintenance, and other operating expenses. Whether you’re deducting business miles, medical travel, or charitable contributions, understanding the 2026 IRS standard mileage rates can help you maximize your tax savings and stay compliant.

In this comprehensive guide, we’ll break down the new rates, explain how they work, compare them to previous years, and provide tips on using them effectively for your tax filings.

What Are IRS Standard Mileage Rates?

The IRS standard mileage rates provide a simplified way to calculate deductible vehicle expenses without tracking every receipt for gas, repairs, and depreciation. Instead of itemizing actual costs, taxpayers can multiply the standard rate by the number of qualifying miles driven during the year.

These rates apply to:

• Business use (e.g., driving for work as a self-employed person or reimbursing employees).
• Medical or moving purposes (with specific eligibility rules).
• Charitable contributions (volunteer driving for qualified organizations).

The IRS typically announces updates in late December for the following year, based on an annual study of fixed and variable vehicle costs. For 2026, the rates take effect for expenses incurred on or after January 1, 2026.

2026 IRS Mileage Rates Breakdown

Here’s a detailed look at the 2026 standard mileage rates:

Business Mileage Rate

• Rate: 72.5 cents per mile.
• Applies to: All miles driven for business purposes, such as client meetings, deliveries, or commuting between job sites (note: regular home-to-office commuting doesn’t qualify).
• Key Notes: This rate includes a depreciation component of 35 cents per mile, which reduces the vehicle’s basis for tax purposes. It cannot be used for unreimbursed employee travel expenses, except for specific cases like educators, reservists, or certain government officials.

Medical and Moving Mileage Rate

• Rate: 20.5 cents per mile.
• Applies to: Travel for medical care (e.g., doctor visits) or qualified moving expenses.
• Key Notes: Moving deductions are generally disallowed except for active-duty military members or certain intelligence community personnel relocating due to job changes. Always verify eligibility under IRS sections 213 and 217.

Charitable Mileage Rate

• Rate: 14 cents per mile.
• Applies to: Miles driven while providing services to a qualified charitable organization (e.g., delivering meals for a nonprofit).
• Key Notes: This rate is set by statute and remains unchanged from prior years. It only covers out-of-pocket vehicle expenses for volunteer work.

Additionally, for fixed and variable rate (FAVR) allowance plans or employer-provided vehicles:

• Maximum standard automobile cost: $61,700.
• Maximum fair market value for valuation rules: $61,700.

How Do the 2026 Rates Compare to 2025?

The 2026 business mileage rate represents a 2.5-cent increase from the 2025 rate of 70 cents per mile, reflecting rising costs in fuel and vehicle ownership. The medical/moving rate decreased slightly from 21 cents in 2025 to 20.5 cents, while the charitable rate holds steady at 14 cents.

This adjustment helps taxpayers keep pace with inflation and economic shifts. For context:

• 2025 Rates: Business (70 cents), Medical/Moving (21 cents), Charitable (14 cents).
• 2024 Rates: Business (65.5 cents), Medical/Moving (21 cents), Charitable (14 cents).

Over the past few years, business rates have trended upward due to volatile gas prices and supply chain issues affecting vehicle costs.

How to Use the IRS Mileage Reimbursement Rate for Taxes?

To claim the standard mileage deduction:

1. Track Your Miles: Use a mileage tracking app, logbook, or odometer readings to record qualifying trips. Include date, purpose, and miles driven.
2. Choose Your Method: You can opt for the standard rate or actual expenses (e.g., gas, tolls, insurance)—but you must pick one per vehicle for the year. The standard method is simpler for most.
3. File Appropriately: Report on Schedule C (for self-employed), Form 2106 (for certain employees), or Schedule A (for medical/charitable if itemizing).
4. Reimbursements: If you’re an employer, use these rates as a benchmark for tax-free employee reimbursements. Amounts above the rate may be taxable.

Switching between methods? You can only do so if you used the standard rate in the vehicle’s first year of business use. Consult a tax professional for complex situations.

Pros and Cons of Using Standard Mileage Rates

Pros:

• Simplifies record-keeping—no need for detailed expense receipts.
• Often higher deduction for low-maintenance vehicles or short trips.
• Adjustable annually by the IRS for economic accuracy.

Cons:

• May understate deductions if your actual costs (e.g., high gas prices) exceed the rate.
• Depreciation limits apply, affecting future vehicle sales.
• Not available for fleets of five or more vehicles used simultaneously.

For high-mileage drivers, calculating actual expenses might yield better results—run the numbers both ways.

Frequently Asked Questions (FAQs) About 2026 IRS Mileage Rates

What is the 2026 IRS mileage rate for business?

The rate is 72.5 cents per mile for business use starting January 1, 2026.

Can I use the standard mileage rate for my electric vehicle?

Yes, the rates apply to all automobiles, including EVs. However, you can’t claim additional EV tax credits on top of the standard deduction.

How does the IRS calculate these rates?

The IRS bases rates on an annual study of costs like fuel, depreciation, insurance, and maintenance, adjusted for inflation.

What if I drive for ridesharing like Uber?

Rideshare miles qualify as business use at 72.5 cents per mile, but personal miles (e.g., commuting to your pickup area) don’t.

Are there penalties for incorrect mileage claims?

Yes—keep accurate records for at least three years, as the IRS may audit claims. Substantiation is key to avoiding fines.

Final Thoughts on 2026 IRS Mileage Reimbursement

The 2026 IRS mileage rates offer a straightforward path to deducting vehicle expenses, with the business rate rising to 72.5 cents to account for higher costs. By staying informed and maintaining good records, you can optimize your tax strategy and potentially save hundreds or thousands on your return.

Always check the official IRS website for the latest updates, and consider consulting a CPA for personalized advice. If you’re planning your 2026 budget, factor in these rates to ensure accurate reimbursements and deductions.

As a paid tax return preparer, maintaining a valid Preparer Tax Identification Number (PTIN) is essential for legally preparing federal tax returns for compensation in 2026. The IRS requires all paid preparers—and enrolled agents—to renew their PTIN annually. The good news? The 2026 PTIN renewal period is now open, and the process is straightforward, especially online.

According to the Internal Revenue Service (IRS), over 800,000 tax professionals must renew their PTINs before preparing 2026 returns. All 2025 PTINs expire on December 31, 2025, so renewing promptly ensures compliance and avoids disruptions during the upcoming tax season.

Why Renew Your PTIN for 2026?

A valid PTIN is mandatory for anyone who prepares or assists in preparing federal tax returns or refund claims for compensation. You must include your PTIN on every return filed with the IRS. Enrolled agents must also renew annually to maintain active status, even if they don’t prepare returns.

Failure to renew can result in penalties, inability to e-file, or restrictions on your practice. Renew early to stay compliant and focus on serving clients.

PTIN Renewal Fee for 2026

The PTIN renewal fee for 2026 is $18.75, which is non-refundable. This reduced fee covers IRS administrative costs and third-party processing.

How to Renew Your PTIN for 2026: Step-by-Step Guide

The IRS strongly recommends renewing online—it’s the fastest method and typically takes less than 15 minutes.

Online Renewal Process (Recommended)

1. Visit the official IRS website at IRS.gov/ptin or start from IRS.gov/taxpros.
2. Select “Renew or Register.”
3. Log in to your existing PTIN account using your User ID and password.
   • New for 2026: If you have a Social Security Number (SSN), you’ll be routed to ID.me for secure identity verification. Create an ID.me account if you don’t have one. Preparers without an SSN use the existing login process.
4. Select “Renew my PTIN” from the main menu.
5. Verify your personal information, update any changes (e.g., address or email), and answer required questions.
6. Pay the $18.75 fee using a credit/debit/ATM card or eCheck.
7. Receive immediate confirmation of your renewed PTIN.

Use your original PTIN account—do not create a new one, as this can cause delays.

Paper Renewal Option

If online isn’t possible:

1. Download and complete Form W-12, IRS Paid Preparer Tax Identification Number (PTIN) Application and Renewal from IRS.gov.
2. Mail it to the IRS with payment (check or money order payable to “IRS Tax Pro PTIN Fee”).
3. Allow up to 6 weeks for processing.

Online renewal is faster and provides access to useful features like viewing continuing education credits, returns filed with your PTIN, and IRS communications.

PTIN Renewal Deadline for 2026

There is no strict “due date,” but all current PTINs expire on December 31, 2025. Renew by then to avoid issues when preparing 2026 returns (filed starting in January 2026). The IRS advises renewing as soon as possible.

Checklist: What You’ll Need for PTIN Renewal

• Your existing PTIN account login details.
• Updated personal information (name, address, email, phone).
• Professional credentials (if applicable, e.g., CPA, EA license number and expiration).
• Explanation for any tax compliance issues or felony convictions (if applicable).
• Payment method for the $18.75 fee.

Common PTIN Renewal Questions

• Forgot your login? Use the “Forgot User ID” or “Forgot Password” options on the login page.
• First-time applicant? The process is similar—apply online for quick issuance.
• Need help? Contact the IRS PTIN Information Line or refer to the PTIN FAQs.

Renewing your PTIN for 2026 is a quick, low-cost step to ensure you’re ready for the tax season. Visit the official IRS PTIN portal today to complete your renewal and maintain your professional status.

Sources: Official IRS announcements and resources, including IR-2025-108 (October 27, 2025) and IRS.gov PTIN pages (updated as of late 2025).

As the end of 2025 approaches, the Internal Revenue Service (IRS) has begun releasing draft tax forms for tax year 2026. These preliminary versions provide an early look at how upcoming changes—driven by inflation adjustments and provisions from the One Big Beautiful Bill Act (OBBBA)—will impact filing in 2027. Draft forms are available on the official IRS website at IRS.gov/draft-tas-forms, but remember: do not file draft forms. They are for planning and review only, and final versions may change.

This article breaks down the most important draft forms for 2026, highlighting key updates based on trusted IRS sources as of late 2025.

Draft Form 1040: U.S. Individual Income Tax Return for 2026

The core individual tax return, draft Form 1040, reflects standard inflation adjustments and references to apply estimated tax payments toward 2026 liabilities. It maintains a similar structure to prior years but incorporates lines for new deductions and credits introduced or enhanced by recent legislation.

• Key features in the draft include references to qualified business income deductions and attachments for schedules like Schedule B (interest and dividends).
• Taxable income calculations and total tax lines remain consistent, with placeholders for updated brackets and standard deductions.

For seniors, draft Form 1040-SR offers a larger-print alternative with similar updates.

New and Updated Schedules Tied to OBBBA Changes

The OBBBA introduced significant tax relief measures, including enhanced deductions for tips, overtime pay, car loan interest, and seniors. These are reflected in supporting forms:

• Schedule 1-A (Form 1040): A new draft schedule for claiming additional itemized or above-the-line deductions under OBBBA, such as qualified tips and overtime compensation.
• Expect dedicated lines for these popular new deductions, which aim to reduce taxable income for eligible workers.

Draft Form W-4: Employee’s Withholding Certificate for 2026

One of the most notable updates is the draft 2026 Form W-4, now expanded to five pages. Key changes include:

• Increased Child Tax Credit amount (up to $2,200 per qualifying child, per OBBBA enhancements).
• New lines in Step 4 for estimating qualified tip income and overtime compensation to adjust withholding accurately.
• A dedicated checkbox for claiming exemption from withholding.
• Updated deductions worksheet reflecting higher standard deductions and itemized options.

Similar updates appear in draft Form W-4P (for pensions/annuities) and Form W-4R (for nonperiodic payments).

Employers should note draft changes to Form W-2 (Wage and Tax Statement), including new Box 14 codes for reporting qualified tips and occupation codes to support the tip deduction.

Employment and Business Forms

• Form 94x Series: Draft schemas and business rules for Modernized e-File (MeF) employment tax forms are available, aiding payroll providers in preparing for 2026 reporting.
• Publication 15 (Circular E): Updated employer’s tax guide with 2026 withholding tables and social security/Medicare rates.

Inflation Adjustments for Tax Year 2026

The IRS has announced annual inflation adjustments affecting over 60 provisions, including:

• Tax rate schedules.
• Standard deductions.
• Alternative Minimum Tax exemptions.
• Increased limits for transportation fringes ($340/month) and health FSAs ($3,400).
• Enhanced employer-provided childcare credit (up to $500,000–$600,000 for small businesses).

These are detailed in official IRS revenue procedures and news releases.

Why Review Draft Forms Now?

Reviewing these drafts helps taxpayers, employers, and tax professionals prepare for the 2027 filing season (starting around January 2027). Key benefits include:

• Adjusting withholding via updated Form W-4 to avoid underpayment penalties.
• Planning for new deductions to maximize refunds.
• Ensuring payroll systems comply with reporting changes for tips and overtime.

Always check the official IRS site for the latest drafts and final forms. For personalized advice, consult a trusted tax professional.

Sources: IRS.gov Draft Tax Forms page, official PDFs (e.g., f1040–dft.pdf, fw4–dft.pdf), and IRS newsroom announcements on 2026 adjustments and OBBBA impacts (as of December 2025). Stay informed—major changes like these can significantly affect your 2026 taxes!

IT-2104 Form 2026 – Employee’s Withholding Allowance Certificate – In the ever-evolving landscape of tax regulations, staying updated on state-specific forms is crucial for employees and employers alike. If you’re a New York resident or work in the state, the IT-2104 Form for 2026 plays a pivotal role in determining how much state income tax is withheld from your paycheck. This Employee’s Withholding Allowance Certificate helps ensure your withholdings align with your tax liability, potentially avoiding surprises during tax season. Whether you’re starting a new job, experiencing life changes, or simply reviewing your finances, understanding the IT-2104 Form 2026 is essential for accurate tax planning.

In this comprehensive guide, we’ll break down what the IT-2104 Form is, who needs to file it, key changes for 2026, a step-by-step filling process, common pitfalls, and frequently asked questions. By optimizing your withholdings, you can better manage your cash flow throughout the year.

What Is the IT-2104 Form?

The IT-2104, officially known as the Employee’s Withholding Allowance Certificate, is a New York State-specific form that instructs your employer on the amount of New York State income tax (and, if applicable, New York City or Yonkers taxes) to withhold from your wages. It’s the state equivalent of the federal W-4 form, allowing you to claim allowances based on your personal and financial situation. These allowances reduce the taxable portion of your income for withholding purposes—more allowances mean less tax withheld per paycheck, and vice versa.

This form is administered by the New York State Department of Taxation and Finance and must be submitted to your employer, not directly to the tax department (unless specific conditions apply, like claiming over 14 allowances). It’s designed to help match your withholdings to your expected tax liability, minimizing underpayments or overpayments that could lead to penalties or large refunds.

For 2026, the form is available as a fillable PDF, making it easier to complete digitally. Employers use the details you provide—such as your filing status, number of dependents, and additional income—to calculate withholdings accurately.

Who Needs to File the IT-2104 Form in 2026?

Not every employee needs to submit a new IT-2104 each year, but certain triggers make it necessary. According to official guidelines, you should complete and submit the form if:

• You’ve experienced life events like marriage, divorce, having a child, or moving in/out of New York City or Yonkers.
• Your income has changed significantly, such as earning over $107,650 individually or combined with a spouse, or starting/stopping a second job.
• You’re itemizing deductions, claiming New York State tax credits (e.g., earned income credit or child care credit), or your tax situation has shifted (e.g., owing taxes or getting a large refund last year).
• You’re a new hire or your employer participates in programs like the Employer Compensation Expense Program.

If you submitted a federal W-4 for 2020 or later without an accompanying IT-2104, your employer might default to zero allowances, which could result in over-withholding. Always review your form annually, especially around January, to reflect any changes.

Exemptions from withholding require a separate form, like the IT-2104-E for 2026, if you expect no tax liability and meet specific criteria.

Key Changes to the IT-2104 Form for 2026

The 2026 version of the IT-2104 has been updated to reflect current tax laws, and if you filed a previous version before January 1, 2026, you’ll need to submit a new one using the revised worksheets and charts. These revisions ensure better alignment with federal changes post-2019, where the W-4 no longer uses allowances in the same way.

Notable updates include refined worksheets for calculating allowances, especially for multiple jobs, married couples, and high earners (wages over $107,650). The form now emphasizes using Parts 5 and 6 charts for additional withholding amounts in scenarios like combined spousal incomes or multiple employments. Thresholds for dependent income ($3,100) and itemized deductions remain consistent, but always verify with the latest instructions to avoid under-withholding penalties.

The New York State Tax Department has also made the 2026 forms available early, with fillable options for IT-2104 and IT-2104-E.

Step-by-Step Guide: How to Fill Out the IT-2104 Form 2026

Filling out the IT-2104 is straightforward but requires attention to detail. Use the accompanying worksheets in the instructions to calculate accurately. Here’s a breakdown:

1. Personal Information: Enter your name, Social Security number, filing status (Single, Married, or Head of Household), and address. Mark if you’re a New York City or Yonkers resident.
2. Claim Allowances (Line 1 – New York State/Yonkers): Use Part 1 worksheet. Start with dependents (exclude yourself/spouse), add credits (e.g., 3 for Empire State child credit), and adjust for heads of household (+2 if one job). Subtract for non-wage income over $1,000 or federal adjustments. Transfer the total to Line 1.
3. New York City Allowances (Line 2): If a NYC resident, use Part 4. Similar to Line 1 but without certain credits.
4. Additional Withholding (Lines 3-5): If you need extra tax withheld (e.g., due to multiple jobs or negative allowances), enter amounts here. Use Parts 5/6 charts for married couples or multi-job holders with combined wages over $107,650.
5. Special Cases:
   • Multiple Jobs: Claim all allowances on your highest-paying job; zero on others.
   • Itemized Deductions: Complete Part 2 to add extra allowances if your deductions exceed the standard (e.g., $8,000 for single non-dependents).
   • Over 14 Allowances: Your employer must submit a copy to the Tax Department.
   • Negative Allowances: Enter 0 and request additional dollar amounts (e.g., $1.85/week for NYS per negative allowance).
6. Sign and Date: Submit to your employer. Keep a copy for your records.

For precise calculations, refer to the divisor tables for credits and pay frequency adjustments in the instructions.

Where You Can Download IT-2104 Form 2026 (PDF)

You can download the IT-2104 Form for 2026 (Employee’s Withholding Allowance Certificate) directly from the official New York State Department of Taxation and Finance website.

Here are the most reliable and up-to-date sources:

• Official New York State Tax Department website
  Direct link to the current IT-2104 form: https://www.tax.ny.gov/pdf/current_forms/it/it2104_fill_in.pdf
• If you need the instructions as well, they are usually available on the same page or as a separate PDF: https://www.tax.ny.gov/pdf/current_forms/it/it2104i.pdf

If the 2026 form isn’t yet posted (unlikely as we’re in late 2025), check back periodically, as the Tax Department updates the site regularly.

Common Mistakes to Avoid When Completing IT-2104 2026

• Not Updating Annually: Life changes can alter your allowances—don’t set it and forget it.
• Confusing Federal and State Forms: The IT-2104 is separate from the W-4; mismatches can lead to incorrect withholdings.
• Overclaiming Allowances: This might result in owing taxes plus penalties. Use worksheets to stay accurate.
• Ignoring Additional Income: Forget to reduce allowances for side gigs or investments? You could under-withhold.
• Employer Errors: If claiming over 14, ensure your employer reports it properly to avoid audits.

By double-checking with the official worksheets, you can sidestep these issues.

FAQs About the IT-2104 Form 2026

What if I want to claim exemption from withholding?

Use Form IT-2104-E if you had no NYS tax liability in 2025 and expect none in 2026.

Can I file IT-2104 electronically?

While the form is fillable, submit it to your employer—check if they accept digital signatures.

What happens if I don’t submit IT-2104?

Your employer may use zero allowances or federal W-4 data, potentially leading to over- or under-withholding.

How do I handle multiple jobs on IT-2104?

File separately for each; allocate allowances to minimize tax mismatches.

Where can I download the IT-2104 Form 2026?

Visit the New York State Tax Department’s website for the latest version.

Final Thoughts on Managing Your Withholdings with IT-2104 2026

Mastering the IT-2104 Form for 2026 empowers you to take control of your tax withholdings, ensuring they reflect your unique situation. By using the updated worksheets and consulting official resources, you can avoid common tax headaches and optimize your finances. Remember, if your circumstances change mid-year, submit a revised form promptly. For personalized advice, consult a tax professional or the New York State Tax Department.

Stay informed and compliant—your wallet will thank you!

TD1 Form 2026 – In Canada, managing your taxes efficiently starts with the right forms. The TD1 Form 2026, officially known as the Personal Tax Credits Return, is a key document for employees to claim non-refundable tax credits that reduce the amount of income tax withheld from their paychecks. Whether you’re starting a new job or your personal circumstances have changed, understanding the TD1 2026 form can help you avoid overpaying taxes throughout the year. This guide covers the purpose of the form, who needs to fill it out, how to complete it, key changes for 2026, and where to download it—all based on the latest information from the Canada Revenue Agency (CRA).

What Is the TD1 Form 2026?

The TD1 Form is a declaration form provided by the CRA that allows individuals to claim personal tax credits. These credits are non-refundable and help determine how much tax your employer or payer should deduct from your salary, wages, pensions, or other remuneration. By claiming eligible credits, you can increase your take-home pay, as less tax is withheld at source.

There are two main types of TD1 forms:

• Federal TD1: Applies to federal income tax deductions.
• Provincial/Territorial TD1: Applies to provincial or territorial tax deductions, specific to where you live and work (except Quebec, which has its own system administered by Revenu Québec).

For pay received on or after January 1, 2026, you must use the 2026 versions of these forms. The forms are updated annually to reflect inflation adjustments and policy changes.

Who Needs to Fill Out the TD1 2026 Form?

You should complete the TD1 2026 form if:

• You have a new employer or payer (e.g., starting a job or receiving a new pension).
• You want to change the amount of tax deducted from your pay due to updated personal circumstances, such as marriage, having a child, or becoming eligible for disability credits.
• You wish to claim more than the basic personal amount (e.g., for dependents or age-related credits).
• Your net income is expected to be high enough to affect phased-out credits.

Employers are required to request completed TD1 forms from new employees. If you don’t submit one, your employer will use the basic personal amount by default, which might result in higher tax withholdings. Failure to update the form could lead to under- or over-withholding, potentially resulting in a tax bill or refund when you file your annual return.

If you’re self-employed or receive income without withholdings (e.g., investment income), you don’t need the TD1, but you can claim these credits on your T1 tax return.

Key Changes and Updates for TD1 2026

The 2026 TD1 forms incorporate an indexing factor of 2.0% based on the Consumer Price Index (CPI), adjusting personal amounts to account for inflation. This ensures credits keep pace with rising living costs.

Notable federal updates include:

• Basic Personal Amount (BPA): The maximum BPA is $16,452 for individuals with net income of $181,440 or less. It tapers down to $14,829 for net income of $258,482 or more. The taper formula is: BPA = $16,452 – (Net Income – $181,440) × ($1,623 / $77,042).
• Canada Employment Amount: Increased to $1,501.
• Other credits like the age amount, spouse or common-law partner amount, caregiver amount, and disability amount are also indexed at 2.0%, though specific maximums are calculated using the accompanying TD1-WS worksheet.

Provincial changes vary:

• Alberta: Basic personal amount set at $22,769.
• British Columbia: $13,216 (indexed at 2.2%).
• Manitoba: $15,780, with phase-out for incomes over $200,000.
• And so on for other provinces (see the full list below).

No major policy shifts were announced for 2026 beyond indexing and specific provincial adjustments, such as Prince Edward Island’s increase to $15,000.

How to Fill Out the TD1 2026 Form? Step-by-Step Guide

Filling out the TD1 is straightforward, but accuracy is crucial to avoid issues with your tax withholdings. Use the TD1-WS worksheet if you need to calculate reduced amounts based on income.

1. Personal Information: Enter your name, address, social insurance number (SIN), date of birth, and employee number (if applicable).
2. Claim Eligible Credits: Review each line and enter the amount you qualify for. Common credits include:
   • Basic Personal Amount: Everyone claims this—enter $16,452 if your net income is $181,440 or less.
   • Spouse or Common-Law Partner Amount: Up to the BPA if your partner has little or no income; reduced by their net income.
   • Canada Caregiver Amount: For caring for dependents with impairments (infirm children under 18: up to $2,766 additional; adults: up to $8,361).
   • Age Amount: If you’re 65 or older by December 31, 2026, claim up to an indexed maximum (e.g., around $8,790, reduced if net income exceeds ~$43,000).
   • Pension Income Amount: Up to $2,000 for eligible pension income.
   • Disability Amount: $9,872 if you have a severe impairment (requires T2201 approval).
   • Dependent Amounts: For eligible dependents, children, or infirm family members.
3. Calculate Total Claim Amount: Add up all eligible amounts and enter the total on line 13 (or equivalent). If it’s more than the basic amount, your tax withholdings will decrease.
4. Additional Requests: If you want extra tax deducted (e.g., to avoid owing at tax time), indicate it here. Also, note if you have multiple employers.
5. Sign and Date: Submit the original to your employer; keep a copy for your records.

Use the TD1-WS 2026 worksheet for detailed calculations, especially if credits are income-dependent. If your situation changes mid-year, submit a new form.

Federal and Provincial TD1 2026 Forms: Where to Download

All TD1 2026 forms are available on the CRA website. Download the federal form and the one for your province/territory:

• Federal: TD1 2026 Personal Tax Credits Return and TD1-WS Worksheet.
• Alberta: TD1AB and TD1AB-WS.
• British Columbia: TD1BC and TD1BC-WS.
• Manitoba: TD1MB and TD1MB-WS.
• New Brunswick: TD1NB and TD1NB-WS.
• Newfoundland and Labrador: TD1NL and TD1NL-WS.
• Nova Scotia: TD1NS and TD1NS-WS.
• Northwest Territories: TD1NT and TD1NT-WS.
• Nunavut: TD1NU and TD1NU-WS.
• Ontario: TD1ON and TD1ON-WS (BPA: $12,989).
• Prince Edward Island: TD1PE and TD1PE-WS.
• Saskatchewan: TD1SK and TD1SK-WS.
• Yukon: TD1YT and TD1YT-WS.

Access them via the CRA’s forms page for pay received on or after January 1, 2026. Forms are fillable PDFs—print or submit electronically if your employer allows.

Where I Can Download TD1 Form 2026?

You can download the TD1 Form 2026 (Personal Tax Credits Return) and all related provincial/territorial versions directly from the official Canada Revenue Agency (CRA) website. These forms are for pay received on or after January 1, 2026, and were updated as of December 2025.

Main Download Page

The central hub for all 2026 TD1 forms is here:
https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns/td1-forms-pay-received-on-january-1-later.html

From this page, you can access:

• Federal TD1 2026 (required for everyone):
  Direct link → https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns/td1-forms-pay-received-on-january-1-later/td1.html
  • PDF: td1-26e.pdf
  • Fillable PDF: td1-fill-26e.pdf
• TD1-WS 2026 Worksheet (for calculating partial/reduced claims if needed):
  Direct link → https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns/td1-forms-pay-received-on-january-1-later/td1-ws.html

Provincial/Territorial TD1 Forms (2026)

Select your province or territory from the same main page (linked above). Examples include:

• Alberta: TD1AB 2026 → https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns/td1-forms-pay-received-on-january-1-later/td1ab.html
• British Columbia: TD1BC 2026 → https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns/td1-forms-pay-received-on-january-1-later/td1bc.html
• Ontario: TD1ON 2026 → https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns/td1-forms-pay-received-on-january-1-later/td1on.html
• And others (Manitoba, New Brunswick, etc.) listed on the hub page.

Each form page provides:

• Standard PDF version
• Fillable/saveable PDF version

Quick Tips

• Download the federal TD1 plus the one for your province/territory of employment (Quebec uses a different system via Revenu Québec).
• Forms are free, official PDFs—no login required.
• If your employer needs it, you can fill it out digitally, print, scan, or send electronically as per CRA guidelines.
• Always use the 2026 versions for 2026 pay periods to reflect the latest indexing (e.g., federal basic personal amount adjustments).

For the most up-to-date links or if any change occurs, start from the CRA’s TD1 section:
https://www.canada.ca/en/revenue-agency/services/forms-publications/td1-personal-tax-credits-returns.html

This is the official, trusted source—avoid third-party sites to ensure you get the current, accurate version.

Tips for Optimizing Your TD1 2026 Claims

• Estimate Your Net Income: Use last year’s T1 return to predict 2026 income for phased-out credits.
• Claim Only What You Qualify For: Overclaiming can lead to audits or owing taxes later.
• Update Annually: Review and resubmit if your family or income situation changes.
• For High Earners: Note the BPA phase-out starts at $181,440 federally.
• Seek Help: If unsure, consult a tax professional or use CRA’s online resources.

By properly completing your TD1 2026 form, you can ensure accurate tax withholdings and potentially boost your monthly cash flow. Stay updated with CRA announcements for any last-minute changes. For more details, visit the official CRA website or contact their support line.

This article is for informational purposes only and not tax advice. Consult the CRA or a professional for personalized guidance.

When Does Tax Season Start in 2026? Tax season is a critical time for millions of Americans, marking the period when individuals and businesses file their federal income tax returns for the previous year. For 2026, this means filing taxes for the 2025 tax year. If you’re wondering, “When does tax season start in 2026?” you’re not alone—this query spikes every year as people prepare to meet deadlines and maximize refunds. In this comprehensive guide, we’ll cover the expected start date, important deadlines, recent tax law changes, and essential tips to get ready. Drawing from official IRS resources and trusted financial experts, we’ll help you navigate the 2026 tax filing season smoothly.

What Is Tax Season and Why Does the Start Date Matter?

Tax season refers to the window when the Internal Revenue Service (IRS) accepts and processes federal income tax returns. It typically runs from late January through mid-April, with extensions available until October. Knowing when tax season begins in 2026 is crucial for early filers who want quick refunds, as the IRS processes returns on a first-come, first-served basis. Delaying could mean longer wait times, especially if you owe taxes or need to amend returns.

The start date also signals when tax software like TurboTax or TaxAct becomes fully operational for e-filing, and when employers must issue forms like W-2s and 1099s. Preparing early can help you avoid last-minute stress and potential penalties for late filing.

Expected Start Date for Tax Season 2026

As of late December 2025, the IRS has not yet officially announced the exact start date for the 2026 tax filing season. However, based on historical patterns and projections from reliable sources, the IRS is expected to begin accepting individual tax returns in late January 2026. In previous years, such as the 2025 tax season, filing opened on January 27.

Industry experts anticipate the 2026 season could kick off as early as January 26, 2026, which falls on a Monday—aligning with the IRS’s preference for weekday starts to ensure smooth operations. The official announcement is typically made in early January, so check the IRS website for updates. If you’re an early filer, mark your calendar for late January to submit your 2025 taxes promptly.

Key Tax Deadlines for 2026

While the start date sets the beginning, several milestones define the 2026 tax season. Here’s a breakdown of essential dates for individuals:

• January 15, 2026: Due date for the fourth quarter estimated tax payment for the 2025 tax year (if applicable).
• January 31, 2026: Employers must provide W-2 forms to employees, and payers must issue 1099 forms for non-employee compensation.
• April 15, 2026: Federal income tax return due date for most individuals (Form 1040 or 1040-SR). This is also the deadline to request a six-month extension using Form 4868, though any taxes owed must be paid by this date to avoid penalties.
• October 15, 2026: Extended filing deadline for those who requested an extension by April 15.
• Other Estimated Tax Payments: For the 2026 tax year, payments are due on April 15, June 16, September 15, and January 15, 2027 (adjusted for weekends/holidays).

Note that if April 15 falls on a weekend or holiday, the deadline shifts to the next business day. For fiscal-year taxpayers, deadlines align with their tax year end.

Tax Law Changes and Inflation Adjustments for 2026

The IRS has already released inflation adjustments for the 2026 tax year, which affect brackets, deductions, and exemptions. Key updates include:

• Standard Deduction: Increases to $32,200 for married couples filing jointly, $16,100 for singles, and $24,150 for heads of household.
• Tax Brackets: Adjusted upward by about 7% to account for inflation, potentially keeping more income in lower brackets.
• Exemption Amounts: For estate taxes, the exemption rises to $90,100 for unmarried individuals (phasing out at $500,000).

These changes aim to prevent “bracket creep” due to inflation. Consult IRS Publication 509 for a full tax calendar and detailed adjustments.

How to Prepare for the 2026 Tax Filing Season?

The IRS encourages taxpayers to “Get Ready” early to ensure accurate and timely filing. Here are actionable steps:

1. Gather Documents: Collect W-2s, 1099s, mortgage interest statements (Form 1098), and records of deductions like charitable contributions or medical expenses.
2. Create or Update Your IRS Online Account: Use IRS.gov to view past returns, make payments, and track refunds.
3. Choose Filing Method: E-file for faster processing—over 90% of returns are filed electronically. Free File options are available for those with adjusted gross income under $79,000.
4. Consider Professional Help: If your situation is complex (e.g., self-employment, investments), consult a tax advisor.
5. Plan for Refunds or Payments: If expecting a refund, file early; direct deposit can deliver funds in as little as 21 days. If owing, set up a payment plan via IRS.gov.

By starting preparations now, you can avoid common pitfalls like missing documents or underpaying estimated taxes.

Stay Updated on Tax Season 2026

While the exact answer to “When does tax season start in 2026?” awaits official IRS confirmation, expect it around late January. Monitor IRS.gov for the announcement, and use tools like the IRS Tax Calendar to stay on top of deadlines. Filing early not only speeds up refunds but also gives you time to address any issues. Remember, tax laws can change, so verify with official sources.

If you have specific questions about your taxes, visit IRS.gov or consult a professional. Happy filing!

Federal Withholding Tables 2026 – As of December 27, 2025, the IRS has released Publication 15-T (2026), Federal Income Tax Withholding Methods, providing the official tables and instructions for calculating federal income tax withholding from wages, pensions, annuities, and other payments in 2026. These tables reflect key legislative updates from Public Law 119-21, the One Big Beautiful Bill Act (OBBBA), which permanently extends individual tax rates from the 2017 Tax Cuts and Jobs Act (TCJA), maintains the increased standard deduction, eliminates personal exemptions, and introduces new deductions for qualified tips and overtime pay.

Employers must use these updated tables starting with 2026 wage payments to ensure accurate withholding, compliance, and proper take-home pay for employees. This guide summarizes the key elements, methods, and changes based on official IRS sources.

Major Updates for 2026 Withholding

The OBBBA drives several changes incorporated into the 2026 tables:

• Permanent TCJA Extensions: Individual tax rates (10%, 12%, 22%, 24%, 32%, 35%, 37%) and the doubled standard deduction remain in place, with inflation adjustments preventing bracket creep.
• New Deductions for Tips and Overtime: Employees can deduct up to $25,000 in qualified tips (2025–2028) and up to $12,500 ($25,000 married filing jointly) in qualified overtime pay. Employees report estimated amounts in Form W-4 Step 4(b) to reduce withholding upfront.
• Form W-4 and W-4P Changes: A new checkbox for exemption from withholding replaces the “Exempt” notation. Similar updates apply to Form W-4P for pensions/annuities.
• Inflation-Adjusted Thresholds: Aligned with 2026 tax brackets (e.g., 37% rate starts at $640,600 for singles, $768,700 for married filing jointly).
• Nonresident Alien Adjustments: Updated add-on amounts for wages (e.g., Table 1/Table 2 in Pub. 15-T).

Employers should update payroll systems immediately and encourage employees to use the IRS Tax Withholding Estimator for accurate Form W-4 completion.

Two Primary Withholding Methods in Publication 15-T (2026)

1. Percentage Method (Automated Payroll Systems)

This method annualizes wages, applies progressive rates after adjustments (including standard deduction equivalents and Form W-4 entries), and prorates by pay period. Use STANDARD schedules unless Step 2 is checked (multiple jobs).

Key steps (Worksheet 1A):

• Annualize pay.
• Adjust for Step 4(a) other income, Step 4(b) deductions (including new tip/overtime amounts), and subtract standard deduction.
• Apply rates from tables.
• Prorate, subtract Step 3 credits, add Step 4(c) extra withholding.

Excerpt: STANDARD Withholding Rate Schedules (Annual Basis – Single or Married Filing Separately)
(Full tables in Pub. 15-T cover all periods and statuses.)

(Prorate for pay frequency using Pub. 15-T Table 3. Alternative schedules apply if Step 2 checked.)

2. Wage Bracket Method (Manual Payroll Systems)

For lower wages and manual calculations, use direct lookup tables by pay period, filing status, and adjustments. Switch to Percentage Method if wages exceed limits.

Excerpt: Weekly Payroll Period – Married Filing Jointly (STANDARD, Forms W-4 2020 or Later)
(Full multi-page tables in Pub. 15-T Section 2.)

(Adjust for Steps 3/4; subtract credits, add extra withholding.)

Pre-2020 Forms W-4 use allowance-based tables in Sections 3/5.

Step-by-Step Guide to Using 2026 Tables

1. Collect current Form W-4 (2026 version preferred). Default to single/no adjustments if missing.
2. Select method: Percentage (automated/high wages) or Wage Bracket (manual/low wages).
3. Determine pay period and filing status.
4. Adjust wages per Form W-4 (Steps 2–4, including new deductions).
5. Lookup/calculate tentative withholding.
6. Apply final adjustments (credits, extra withholding).
7. Round consistently to nearest dollar.

Special cases: Pensions use Worksheet 1B; supplemental wages at flat rates (22% or 37%); nonresident aliens add specific amounts.

Impact of OBBBA and Comparison to Prior Years

The OBBBA ensures continuity from TCJA while adding worker benefits via tip/overtime deductions, potentially lowering withholding for eligible employees. Brackets shift upward with inflation (e.g., top bracket higher than 2025 equivalents), and new Form checkboxes simplify exemptions.

Social Security (6.2%) and Medicare (1.45%) rates unchanged; wage base limits apply separately.

Where to Find Full 2026 Tables and Resources?

Download Publication 15-T (2026) PDF on our article about IRS Publication 15-T 2026.
Use IRS Tax Withholding Estimator: IRS.gov/W4app
For broader guidance: Publication 15 (Circular E) at IRS.gov/Pub15

Accurate withholding avoids penalties and supports employee financial planning. Payroll software vendors should have 2026 updates available. Consult IRS.gov or a tax professional for complex cases, as rules may evolve. Search terms like “2026 federal withholding tables IRS” or “Publication 15-T 2026” lead directly to official sources.