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2025 - single2026 - single (if Trump law expires)
https://www.cbo.gov/system/files/2024-02/53724-2024-02-Tax-Parameters.xlsx
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10%0 to 11,89910%0 to 12,124
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12%11,900 to 48,34915%12,125 to 49,249
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22%48,350 to 103,09925%49,250 to 119,299
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24%
103,100 to 196,824
28%
119,300 to 248,849
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32%
196,825 to 249,949
33%
248,850 to 540,999
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35%
249,950 to 624,899
35%541,000 to 543,199
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37%624,900 and up39.60%543,200 and up
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Tax liability calculation for a single filer with $500K in taxable income
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2025
Tax owed per bracket
2026
Tax owed per bracket
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10%011,8991,19010%012,1241,212
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12%11,90048,3494,37415%12,12549,2495,569
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22%48,350103,09912,04525%49,250119,29917,512
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24%103,100196,82422,49428%119,300248,84936,274
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32%196,825249,94917,00033%248,850540,99982,880
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35%249,950624,89987,51835%541,000543,199
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37%624,90039.60%543,200
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$500K top rate of 35% = taxes owed $144,620
144,620
$500K top rate of 33% = taxes owed $143,446
143,446
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Tax savings for a single filer w/$500K taxable incomeunder pre-Trump (permanent law) thresholds & rates
$1,173
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Visualization (rounded to the nearest $10K) for single filers under the temporary provisions of the Trump tax law in 2025 and the return to permanent law in 2026 if the Trump provisions expire on schedule
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