The IRS will open the 2026 tax season on Monday, Jan. 26, and depending on how much you earn, you could ow a significant amount in federal taxes.

The IRS releases new tax brackets every year, indicating how much tax you owe. Here's a breakdown of the 2025 tax brackets.

Tax season is approaching, and millions of Americans will soon turn their attention to tax brackets. Every year, the Internal Revenue Service announces new tax brackets, tiers of income that are taxed ...

Your paycheck could be slightly larger in 2026 based on the latest IRS tax bracket changes. Some workers could also see withholding changes from the new provisions enacted via President Donald Trump's ...

The 2026 tax season is officially underway as the Internal Revenue Service began accepting 2025 tax returns Monday. An estimated 164 million individual income tax returns will be filed this year, ...

Perhaps you've been in the situation where tax time rolls around again, and you're caught off guard by how much you owe.

For single filers, the lowest bracket for 2025 includes income below $26,800, an increase of $750 from the previous year. Meanwhile, the highest bracket starts at $63,450, which is up by $2,450.

The U.S. uses a progressive tax system with seven tax brackets, meaning higher tiers of income are taxed at higher rates. The IRS adjusts tax brackets annually for inflation, which may affect your tax ...

Tax season is approaching, meaning millions of Illinois residents will soon have to turn their attention to W-2s and tax brackets. Every year, the Internal Revenue Service announces new tax brackets, ...