Federal Income Tax Brackets


In 2018 the Trump tax cuts lowered most people’s taxes.  The standard deduction was raised to $12,000 per person effectively making it unnessessary to itemize. As of 2020, the standard deduction is $12,400 per person.

Congress has stipulated that in 2026 the tax rates will revert back to the 2017 tax brackets.


In 2026 taxes will revert back to 2017 brackets

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Kopman Financial

8901 E. mountain view rd. #110  Scottsdale, AZ 85254
480 991 2815

Rob Kopman, Principal
Cell: 480 991 2815