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GOBankingRates
GOBankingRates
John Schmoll

Here’s What the Standard Deduction on Your Taxes Will Be in 2026

IRS
Prostock-Studio / iStock.com

Benjamin Franklin famously quipped that there’s nothing certain in life other than death and taxes. Any changes to the latter pique the interest of most Americans. As it does annually, the IRS recently announced changes to the standard deduction for 2026, for returns filed in 2027. Some Americans may breathe a sigh of relief when it comes to file taxes next year.

What Is the Standard Deduction?

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