Tax Cheat Sheet 2026

1. Filing Requirements

Minimum gross income that triggers a filing requirement. Table structure follows Publication 501 (filing status and age); amounts from Rev. Proc. 2025-32 §4.14.

Filing status and condition	2026 threshold
Single, under 65	$16,100
Single, 65 or older	$18,150
MFJ, both spouses under 65	$32,200
MFJ, one spouse 65 or older	$33,850
MFJ, both spouses 65 or older	$35,500
HOH, under 65	$24,150
HOH, 65 or older	$26,200
QSS, under 65	$32,200
QSS, 65 or older	$33,850
MFS, any age	$5 or more must file

The thresholds above follow the Publication 501 filing-requirements table structure (by filing status and age 65 or older; blindness does not change the filing threshold, though it increases the standard deduction). The 2026 amounts equal the 2026 standard deduction plus the age-65 additional amount (Rev. Proc. 2025-32 §4.14). The OBBBA $6,000 additional deduction for taxpayers age 65 and older (2025–2028) is NOT counted in these thresholds. Note: the MFS standard deduction itself is $16,100, but the MFS filing threshold is not the same as the standard deduction.

2. Standard Deduction

Source: Rev. Proc. 2025-32 §4.14; IR-2025-103.

Item	2026 amount
Single	$16,100
MFJ / QSS	$32,200
HOH	$24,150
MFS	$16,100
Additional amount, age 65 or blind - MFJ / MFS / QSS, per condition	$1,650 per condition ($3,300 per person if both 65 or older and blind)
Additional amount, age 65 or blind - Single / HOH, per condition	$2,050 per condition ($4,100 if both 65 or older and blind)
Dependent	Greater of $1,350 or earned income + $450; cannot exceed the regular standard deduction for the dependent's filing status (Single: $16,100)

3. Personal Exemption

Source: IR-2025-103 (personal exemptions remain at 0, made permanent by OBBBA, P.L. 119-21).

Item	2026 amount
Personal exemption (self, spouse, dependents)	$0, OBBBA did not restore it

4. Federal Income Tax Rate Schedule

Taxable income brackets; rates 10%–37% unchanged. Source: Rev. Proc. 2025-32 §4.01. OBBBA §70101 made the TCJA seven brackets permanent.

Filing status	Brackets (taxable income)
Single	10% $0–$12,400; 12% $12,401–$50,400; 22% $50,401–$105,700; 24% $105,701–$201,775; 32% $201,776–$256,225; 35% $256,226–$640,600; 37% over $640,600
MFJ / QSS	10% $0–$24,800; 12% $24,801–$100,800; 22% $100,801–$211,400; 24% $211,401–$403,550; 32% $403,551–$512,450; 35% $512,451–$768,700; 37% over $768,700
HOH	10% $0–$17,700; 12% $17,701–$67,450; 22% $67,451–$105,700; 24% $105,701–$201,750; 32% $201,751–$256,200; 35% $256,201–$640,600; 37% over $640,600
MFS	10% $0–$12,400; 12% $12,401–$50,400; 22% $50,401–$105,700; 24% $105,701–$201,775; 32% $201,776–$256,225; 35% $256,226–$384,350; 37% over $384,350

Note: the HOH 24% / 32% ceilings differ from Single.

5. Long-Term Capital Gain / Qualified Dividends

0% / 15% / 20% breakpoints by taxable income. Source: Rev. Proc. 2025-32 §4.03.

Filing status	0% cap (taxable income up to)	20% begins (taxable income over)
Single	$49,450	$545,500
MFJ / QSS	$98,900	$613,700
MFS	$49,450	$306,850
HOH	$66,200	$579,600

The 0% bracket runs from $0 to the cap; the 15% bracket runs from the cap + $1 to the 20% threshold; the 20% bracket applies above the 20% threshold. For reference, estates and trusts: 0% cap $3,300, 20% threshold $16,250.

1. Standard Mileage Rates

2026 is a split year: the IRS raised mileage rates mid-year, so a single full-year figure would be wrong. Sources: Notice 2026-10 §3 and IR-2025-128 (first half); Announcement 2026-11 (second half).

Use	Jan 1 – Jun 30, 2026	Jul 1 – Dec 31, 2026
Business	72.5¢	76¢
Medical	20.5¢	23.5¢
Moving (active-duty military and specified intelligence personnel only)	20.5¢	23.5¢
Charitable	14¢	14¢
Depreciation portion (business standard mileage, reduces basis)	35¢	35¢ (unchanged all year; Announcement 2026-11 changed only the business and medical/moving rates, leaving the rest of Notice 2026-10 in effect)

Charitable mileage stays at 14¢ all year (fixed by statute, §170(i)). OBBBA §70113 made the moving-deduction repeal permanent and added specified intelligence personnel to §217(g). FAVR plan maximum standard automobile cost: $61,700 (Notice 2026-10 §5).

2. Section 179 Expense Limits

Source: Rev. Proc. 2025-32 §4.24.

Item	2026 amount
Maximum expensing limit	$2,560,000
SUV limit	$32,000
Investment phaseout begins	$4,090,000; each $1 over reduces the limit by $1
Fully phased out to zero	$6,650,000
Bonus depreciation (§168(k))	100% for property acquired after January 19, 2025 (OBBBA §70301, made permanent)

The $6,650,000 full phaseout equals $4,090,000 + $2,560,000. OBBBA §70306 raised the §179(b)(1) base to $2,500,000 and the §179(b)(2) threshold to $4,000,000 (for tax years beginning in 2025 and later), inflation-adjusted to the figures above for 2026. The old-law figures were $1,250,000 / $3,130,000.

6. Educator Expenses

Source: Rev. Proc. 2025-32 §4.12 (§62(a)(2)(D)).

Item	2026 amount
Deduction cap per eligible educator	$350
MFJ, both spouses eligible educators	$700 total (each spouse capped at $350)

The $700 MFJ total follows from the per-person $350 cap.

3. Per Diem - High-Low Method

Per diem notices follow the federal fiscal year (Oct 1 – Sep 30); there is no single calendar-2026 high-low total, so the two segments are listed separately. Sources: Notice 2025-54 (first segment); Notice 2026-60 (second segment).

Item	Jan 1 – Sep 30, 2026 (Notice 2025-54)	Oct 1, 2026 – Sep 30, 2027 (Notice 2026-60)
High-cost locality, total per diem	$319 / day	$329 / day
Low / other CONUS localities, total per diem	$225 / day	$230 / day
Meals-only (M&IE), high	$86 / day	$86 / day
Meals-only (M&IE), low	$74 / day	$74 / day
Transportation industry M&IE, CONUS	$80 / day	$80 / day
Transportation industry M&IE, OCONUS	$86 / day	$86 / day
Incidental expenses only	$5 / day	$5 / day

A locality counts as high-cost when the federal per diem is $280 or more (Notice 2026-60 §5.2). Notice 2026-60 §6 applies to allowances paid / expenses incurred on or after October 1, 2026, and §7 revokes Notice 2025-54.

4. Qualified Transportation Benefits

Source: Rev. Proc. 2025-32 §4.16; IR-2025-103 also confirms the commuter figure.

Item	2026 monthly limit
Commuter (highway vehicle + transit pass, combined)	$340 / month
Qualified parking	$340 / month

5. QBI Threshold Amounts (§199A)

Source: Rev. Proc. 2025-32 §4.26.

Filing status	Threshold amount	Phase-in range ceiling
MFJ	$403,500	$553,500
Other statuses (Single, HOH, etc.)	$201,750	$276,750
MFS	$201,775	$276,775

Phase-in range width: $150,000 (MFJ) / $75,000 (other statuses). MFS is a separate tier from Single. OBBBA made the §199A deduction permanent and widened the phase-in ranges; new §199A(i) provides a $400 minimum deduction (requires at least $1,000 of QBI and material participation), applicable from 2026 and inflation-adjusted from 2027.

6. Excess Business Loss Threshold (§461(l))

Source: Rev. Proc. 2025-32 §4.31.

Filing status	2026 threshold
Other statuses (non-joint)	$256,000
MFJ	$512,000

Attention: OBBBA made the §461(l) limit permanent and reset its inflation base, so the 2026 thresholds are LOWER than the 2025 figures of $313,000 / $626,000. This is a decrease, not an inflation increase.

7. Gross Receipts Threshold, Cash Method (§448)

Source: Rev. Proc. 2025-32 §4.30 (§448(c)).

Item	2026 amount
§448(c) gross receipts test	$32,000,000 (average annual gross receipts for the prior 3 tax years must not exceed this amount to use the cash method)
Information reporting threshold (§6041)	$2,000 for payments made after December 31, 2025 (Form 1099-NEC / 1099-MISC); payments made in 2025 still use the $600 threshold; indexed from 2027

7. Retirement Plans

Main source: Notice 2025-67; cross-checked against IR-2025-111.

Item	2026 limit
401(k) / 403(b) elective deferral (401(k), 403(b), government 457 and TSP all the same)	$24,500
Catch-up, age 50+ (general plans)	+$8,000, total $32,500
Higher catch-up, ages 60–63 (SECURE 2.0; replaces, not in addition to, the $8,000)	+$11,250, total $35,750
IRA contribution limit (traditional + Roth combined)	$7,500
IRA catch-up, age 50+	+$1,100, total $8,600 (no 60–63 super catch-up for IRAs)
IRA deduction phaseout - covered, MFJ (contributing spouse covered)	$129,000–$149,000
IRA deduction phaseout - covered, Single / HOH	$81,000–$91,000
IRA deduction phaseout - covered, MFS	$0–$10,000 (not inflation-adjusted)
IRA deduction phaseout - spouse covered (MFJ, self not covered)	$242,000–$252,000
IRA deduction - neither spouse covered	No phaseout
Roth IRA contribution phaseout - MFJ	$242,000–$252,000
Roth IRA contribution phaseout - Single / HOH	$153,000–$168,000
Roth IRA contribution phaseout - MFS (living with spouse)	$0–$10,000 (not inflation-adjusted)
SIMPLE IRA / SIMPLE 401(k) limit (general)	$17,000
SIMPLE limit (certain applicable SIMPLE accounts)	$18,100
SIMPLE catch-up, age 50+ (general)	+$4,000
SIMPLE catch-up, age 50+ (certain applicable SIMPLE accounts)	$3,850 (unchanged, lower than the general $4,000 under SECURE 2.0)
SIMPLE catch-up, ages 60–63	$5,250
Defined Contribution annual additions (profit-sharing etc., employee + employer combined, excluding catch-up)	$72,000 (or 100% of compensation, whichever is less)
SEP (employer contributions)	25% of compensation and $72,000, whichever is less
SEP coverage minimum compensation	$800
Defined Benefit annual limit	$290,000
Compensation cap (§401(a)(17))	$360,000
QCD annual limit	$111,000
QCD one-time distribution to a split-interest entity (additional)	$55,000

Supplement: the 2026 Roth catch-up wage threshold (based on prior-year FICA wages) is $150,000 (used to determine whether 2026 catch-ups must be Roth); the government 457 deferral limit is also $24,500. Note: profit-sharing has no separate percentage limit. The Defined Contribution §415(c) limit of $72,000 applies, and the 25% figure is the SEP employer contribution rate, not the profit-sharing limit.

8. Education

Sources: Rev. Proc. 2025-32 §§4.17, 4.29; IRS education credit pages; Publication 970; IRC §§25A, 221, 135, 530 (fixed statutory amounts, not indexed).

Item	2026 amount / phaseout
American Opportunity Credit (AOTC), maximum	$2,500 per eligible student (100% of the first $2,000 + 25% of the next $2,000)
AOTC refundable portion, cap	$1,000 (40% of the credit)
AOTC phaseout (MAGI)	MFJ $160,000–$180,000; Single / HOH $80,000–$90,000
Lifetime Learning Credit (LLC), maximum	$2,000 per return (not per student), 20% of the first $10,000 of qualified expenses, nonrefundable
LLC phaseout (MAGI)	MFJ $160,000–$180,000; other statuses $80,000–$90,000
Student Loan Interest Deduction phaseout (maximum deduction $2,500)	Single / other $85,000–$100,000; MFJ $175,000–$205,000 (MAGI)
U.S. Savings Bonds Interest Exclusion phaseout	MFJ $152,650–$182,650; other statuses $101,800–$116,800 (MAGI)
Coverdell ESA contribution	Up to $2,000 per beneficiary per year; phaseout: Single $95,000–$110,000; MFJ $190,000–$220,000 (MAGI)

AOTC / LLC phaseout amounts and Coverdell phaseouts are fixed statutory amounts, not indexed, so they do not appear in the Rev. Proc. 2025-32 adjustment tables. OBBBA education change: from 2026, a valid work-authorized SSN issued before the filing deadline is required. On a joint return, only one spouse needs the SSN (the other spouse may use an ITIN), and a dependent student claimed for the credit needs an SSN as well. ITINs are otherwise no longer accepted. The school EIN requirement for AOTC claims on Form 8863 has applied since 2016 (PATH Act) and is unchanged; the LLC does not require a school EIN. The credit amounts and phaseouts themselves were not changed by OBBBA.

9. Child Tax Credit (post-OBBBA)

Sources: Rev. Proc. 2025-32 §4.05; IRS Child Tax Credit pages; OBBBA §70104.

Item	2026 amount
Maximum per child	$2,200 per qualifying child
Refundable cap (ACTC)	$1,700 per child (requires at least $2,500 earned income)
Phaseout begins	MFJ $400,000; other statuses (including Single, HOH, MFS) $200,000 (MAGI / AGI, phaseout begins above the threshold)
Credit for Other Dependents	$500 per other dependent, nonrefundable; phaseout begins above $200,000 (MFJ $400,000)

OBBBA §70104 made the expanded Child Tax Credit permanent and set the maximum at $2,200 for 2025, inflation-adjusted thereafter; for 2026 it remains $2,200 (the inflation adjustment did not cross a bracket), and the refundable portion remains $1,700.

10. Earned Income Credit

Sources: Rev. Proc. 2025-32 §4.06; IR-2025-103 also confirms the 3-or-more-children maximum of $8,231.

Item	2026 amount
Maximum credit	No children $664; 1 child $4,427; 2 children $7,316; 3 or more children $8,231
Income limit, complete phaseout - MFJ	No children $26,820; 1 child $58,863; 2 children $65,899; 3 or more children $70,244
Income limit, complete phaseout - other statuses (including Single, HOH, and MFS meeting the §32(d) separated-spouse rule)	No children $19,540; 1 child $51,593; 2 children $58,629; 3 or more children $62,974
Phaseout begins (threshold)	MFJ: $31,160 with children, $18,140 without children; other statuses: $23,890 with children, $10,860 without children
Investment income limit	Over $12,200 disqualifies for EITC (§32(i))

Note: the MFJ income limit for 3 or more children is $70,244.

11. Adoption Expense Credit / Exclusion

Sources: Rev. Proc. 2025-32 §§4.04, 4.18; IR-2025-103.

Item	2026 amount
Maximum credit	$17,670 (special-needs adoption credit under §23(a)(3) is the same amount; other adoptions are limited to qualified expenses up to $17,670)
AGI phaseout range	Phaseout begins when MAGI exceeds $265,080; fully phased out at $305,080 or more
Refundable portion	$5,120 (new §23(a)(4) added by OBBBA, inflation-adjusted after 2025)
Employer adoption assistance exclusion	Maximum $17,670; same phaseout: $265,080–$305,080

12. Retirement Savings Contribution Credit (Saver's Credit)

Credit rates of 50% / 20% / 10% apply to qualifying contributions (first $2,000 per person, $4,000 combined for MFJ); 0% above the 10% tier ceiling. Sources: Notice 2025-67 §25B(b)(1); IR-2025-111 also confirms the ceilings of $80,500 / $60,375 / $40,250.

Filing status	50% tier ceiling	20% tier ceiling	10% tier ceiling (= maximum AGI)
MFJ	$48,500	$52,500	$80,500
HOH	$36,375	$39,375	$60,375
Single / MFS / other	$24,250	$26,250	$40,250

Full ranges: MFJ - 50% for AGI up to $48,500; 20% for $48,501–$52,500; 10% for $52,501–$80,500; 0% above $80,500. HOH - up to $36,375; $36,376–$39,375; $39,376–$60,375; 0% above $60,375. Single / MFS - up to $24,250; $24,251–$26,250; $26,251–$40,250; 0% above $40,250.

13. Health

Sources: Rev. Proc. 2025-19; Rev. Proc. 2025-32 §§4.15, 4.27, 4.28, 4.63; IRC §§223, 125(i); IRS Publication 969.

Item	2026 amount
HSA contribution limit	Self-only $4,400; family $8,750
HSA catch-up, age 55+	Additional $1,000 (fixed by statute, not indexed)
HDHP minimum deductible (HSA-eligible plan)	Self-only $1,700; family $3,400
HDHP out-of-pocket maximum (excluding premiums)	Self-only $8,500; family $17,000
Archer MSA deductible range (§220)	Self-only $2,900–$4,400; family $5,850–$8,750
Archer MSA out-of-pocket maximum	Self-only $5,850; family $10,700 (excluding premiums)
Health FSA contribution limit (cafeteria plan)	$3,400 (employee salary-reduction contributions; plans allowing carryover: maximum carryover $680)
Long-term care insurance premium deduction caps (by age attained before the end of the tax year, §213(d)(10))	Age 40 or under: $500; 41–50: $930; 51–60: $1,860; 61–70: $4,960; 71 and over: $6,200
QSEHRA annual limit	Self-only $6,450 / year; family $13,100 / year
QSEHRA monthly limit	Self-only $537.50 / month; family $1,091.67 / month

The QSEHRA monthly limits are the annual limits divided by 12 ($13,100 ÷ 12 = $1,091.666…, rounded to $1,091.67).

14. Estate and Gift Tax

Sources: Rev. Proc. 2025-32 §§2.14, 4.42; IR-2025-103.

Item	2026 amount
Basic exclusion amount, estate and gift tax	$15,000,000 per person (couple $30,000,000 combined, subject to portability rules)
OBBBA: permanent and increased?	Yes: OBBBA raised the basic exclusion to $15,000,000 for 2026 with no sunset clause (permanent); inflation-adjusted from 2027; the same amount applies to the GST exemption (§2631(c), $15,000,000 for 2026)
Annual exclusion	$19,000 per recipient (excluding future-interest gifts)
Gift to a noncitizen spouse	$194,000 per year (excluding future-interest gifts)

Note: the annual exclusion is $19,000. The basic exclusion rose from $13,990,000 for 2025.

15. Household Employee

Sources: IRS Publication 926 (2026), Table 1; SSA household employer pages.

Item	2026 threshold
Cash wage threshold for FICA	$3,000: cash wages paid to the same household employee reaching $3,000 in 2026 triggers withholding and payment of Social Security and Medicare taxes on all of that employee's cash wages
FUTA threshold	$1,000: cash wages totaling $1,000 or more to all household employees in any quarter of 2025 or 2026 triggers FUTA tax (tax base: the first $7,000 of wages per employee)

16. Kiddie Tax

Sources: Rev. Proc. 2025-32 §§4.02, 4.11, 4.14(2).

Item	2026 amount
Dependent standard deduction floor (first tax-free tier, §63(c)(5))	$1,350; with earned income, the greater of $1,350 or earned income + $450, capped at the Single standard deduction of $16,100
Key amount in the kiddie tax computation (§1(g)(4)(A)(ii)(I))	$1,350
Three-tier structure	First $1,350 tax-free; second $1,350 ($1,351–$2,700) at the child's own rates; above $2,700 (net unearned income) at the parents' rates
Parent election (§1(g)(7))	Requires the child's total income to be more than $1,350 and less than 10 times that amount, i.e., $13,500
Child AMT exemption cap (additional)	Not more than the child's earned income + $9,750

The $2,700 in the three-tier structure (2 × $1,350) and the $13,500 parent-election ceiling (10 × $1,350) follow from the §4.02 amount of $1,350.

8. Nondiscrimination Rules for Fringe Benefits

Source: Notice 2025-67.

Item	2026 amount
Highly compensated employee (HCE) threshold	$160,000
Key employee (officer amount, top-heavy determination)	$235,000
Control employee (fringe benefit valuation, Reg. §1.61-21(f)(5))	(i) $145,000; (iii) $290,000

The HCE threshold is unchanged from 2025 ($160,000); the key employee amount rose from $230,000 in 2025 to $235,000; control employee amounts rose from $140,000 / $285,000 in 2025. Note: whether someone is an HCE for a plan year is determined by prior-year compensation, 2025 compensation of $160,000 corresponds to plan year 2026.

17. Foreign Earned Income Exclusion

Source: Rev. Proc. 2025-32 §4.39 (§911(b)(2)(D)(i)).

Item	2026 amount
§911 foreign earned income exclusion cap (per qualifying taxpayer)	$132,900

2025 figure was $130,000.

18. Alternative Minimum Tax Exemptions

Source: Rev. Proc. 2025-32 §4.10.

Item	2026 amount
MFJ / QSS exemption	$140,200
Single / HOH exemption	$90,100 (Single and HOH are the same tier in this provision, not listed separately)
MFS exemption	$70,100
Estates and trusts (additional)	$31,400
Phaseout begins (§55(d)(2))	MFJ / QSS $1,000,000; Single / HOH $500,000; MFS $500,000; estates and trusts $104,800
Phaseout ends (exemption reduced to zero)	MFJ / QSS $1,280,400; Single / HOH $680,200; MFS $640,200; estates and trusts $167,600
28% rate threshold, excess AMTI (§55(b)(1))	$244,500; MFS $122,250

OBBBA §70107 made the TCJA AMT exemptions permanent, but from 2026 it reset the phaseout thresholds to 2018 levels ($500,000 / $1,000,000) and raised the phaseout rate from 25% to 50% ($0.50 per $1 over). The 2025 thresholds were Single $626,350 / MFJ $1,252,700.

19. Social Security and Medicare

Source: SSA 2026 Social Security Changes Fact Sheet.

Item	2026 amount
Social Security wage base (OASDI only)	$184,500 (2025: $176,100)
Social Security tax - employee	6.2% (only on wages below $184,500)
Social Security tax - self-employed	12.4% (on the portion below $184,500)
Medicare tax - employee	1.45%, no wage cap
Medicare tax - self-employed	2.9%, no cap
Additional Medicare Tax	0.9% on earned income over $200,000 (single) / $250,000 (MFJ); this 0.9% is not included in the 7.65% / 15.30% below
Combined employee / self-employed	Employee 7.65%; self-employed 15.30% (unchanged for both 2025 and 2026)
2026 COLA	2.8% (based on CPI-W, 2024 Q3 to 2025 Q3; 2025 was 2.5%)
Earnings limit - under full retirement age (full year)	$24,480 / year ($2,040 / month); $1 withheld for every $2 over the limit
Earnings limit - year of full retirement age	$65,160 / year ($5,430 / month), counting only earnings before the month of full retirement age; $1 withheld for every $3 over
Earnings limit - from the month of full retirement age	None
Additional reference: earnings needed for one work credit	$1,890 (2025: $1,810)

20. New / OBBBA Items

Items (a) through (d) below apply to tax years 2025–2028, are claimed via Schedule 1-A, and are available whether itemizing or taking the standard deduction. All four reduce taxable income, not payroll taxes (FICA / self-employment taxes still apply). Items (e) through (g) are other OBBBA changes for 2026. Sources: IRS Schedule 1-A guidance (FS-2026-04) and IRS Working Families pages.

Item	2026 rules
(a) No tax on tips	Cap $25,000 per return; phaseout begins at MAGI $150,000 (single / HOH) / $300,000 (MFJ), reduced by $100 for each $1,000 over, fully phased out at approximately $400,000 / $550,000; married taxpayers must file jointly; only IRS-designated traditionally tipped occupations; self-employed individuals cannot exceed the net income of that business
(b) No tax on overtime	Cap $12,500 (single) / $25,000 (MFJ); only the premium portion of FLSA-required overtime (the “half” in time-and-a-half); phaseout begins at MAGI $150,000 / $300,000, reduced by $100 for each $1,000 over, fully phased out at approximately $275,000 (single) / $550,000 (MFJ); married taxpayers must file jointly
(c) Senior bonus deduction, age 65+	$6,000 per qualifying person, $12,000 if both spouses qualify; phaseout begins at MAGI $75,000 (single) / $150,000 (MFJ), reduced by 6% of the excess, fully phased out at $175,000 / $250,000; must be age 65 by the end of the tax year, have a valid SSN, and married taxpayers must file jointly; coexists with the existing age-based additional standard deduction
(d) No tax on car loan interest	Cap $10,000 per year; phaseout begins at MAGI $100,000 (single) / $200,000 (MFJ), reduced by $200 for each $1,000 over, fully phased out at $150,000 / $250,000; only new cars, personal use, final assembly in the United States, weight under 14,000 lbs, loan originated after December 31, 2024, first lien, VIN on the return; leases do not qualify
(e) Other officially confirmed OBBBA items for 2026	① Child Tax Credit $2,200 per qualifying child, refundable portion $1,700 (permanent and inflation-adjusted), see group 9. ② Estate and gift basic exclusion $15,000,000 per person, see group 14. ③ Adoption credit cap $17,670, of which the refundable portion is $5,120, see group 11. ④ Child and dependent care credit: maximum rate raised from 35% to 50% (from 2026), qualified expense caps remain $3,000 (1 person) / $6,000 (2 or more persons), employer-provided dependent care benefit exclusion raised from $5,000 to $7,500 (MFS $3,750). ⑤ Trump Accounts: federal government one-time deposit of $1,000 for each eligible child born in 2025–2028 (account eligibility itself is not limited to that window; any child under 18 with an SSN may open an account); total annual contribution cap of $5,000 per account, including employer contributions (the $1,000 pilot deposit, qualified general contributions, and rollovers do not count toward the cap); employer exclusion of $2,500 per employee, covering the employee's own account and dependents' accounts combined; contributions from July 4, 2026.
(f) SALT deduction cap (OBBBA)	2026 cap $40,400 ($20,200 MFS); reduced by 30¢ for each $1 of MAGI over $505,000 ($252,500 MFS); floor $10,000 ($5,000 MFS)
(g) Charitable contributions (OBBBA)	Non-itemizers may deduct up to $1,000 (single) / $2,000 (joint), cash contributions only (donor-advised fund contributions do not qualify); itemizers may deduct only charitable contributions exceeding 0.5% of AGI; the §68 reduction cuts itemized deductions by 2/37 of taxable income above the 37% bracket threshold, capping the marginal benefit of those deductions at 35%

The fully-phased-out figures for items (a) and (b) above (approximately $400,000 / $550,000 and $275,000 / $550,000) are computed from the stated phaseout rates.