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All right, tax time is just around the corner.

2026 taxes.

Don't worry, George and I have you covered with everything that you need to know.

George, this feels like a talk nerdy to me segment.

The big highlights are tax brackets have been adjusted for inflation. Ooh. Ooh. Ooh. And tax rates stay the same. That's 10% to 37%. So those tax rates for the bracket stay the same. The income thresholds have increased. Yeah, get nerdy. Tell me more. If you're watching on YouTube or Spotify, we have the visuals up so you can see the table because this is one of the most confusing things about taxes. People get it twisted. People say, well, Jade, I don't want to make a dollar more because it'll push me into the next bracket. Yeah, they're assuming the wrong thing. Only that new dollar is taxed at the new rate. So you've got to understand that. So let me go over the numbers. So 10%

bracket is up to 12,400 if you're single, 24,800 if you're married filing jointly. Then from that

number, up to 50,400 if you're single, 12% bracket. And for married filing jointly, $100,800. And then we move to the 22% bracket,

which is from that 50 grand up to 105,700 if you're single and up to 211,400 if you're

married filing jointly. If you're doing the math at home, it doubles for those married filing jointly.

Keeps it simple. And then 37%, which is the highest bracket,

any money you make over $640,600 if you're single will be taxed at the 37%. And married filing jointly,

any dollar you make over $768,700 will be taxed at 37%. Have you fallen asleep yet? I wanted to, but I forced myself to stay awake

in order to say the words, yes, paying taxes sucks, but making money is always going to feel nicer.

Yes. So you need to think about what the marginal tax rate is versus effective. So effective meaning,

yes, you got up into that 22% tax rate, but when you average it all out, it was really 15% is what you paid on your total income. So there you go. That's the federal brackets with the adjusted thresholds. What about standard deduction increases, George? Don't get me started on the standard deduction. Wind it up. Let's go. So this is, most people will benefit from taking the standard deduction. And so this is probably you, if you're listening. The standard deduction lowers your taxable income and is now higher again for 2026, which is good news. So standard deduction, if you're single, is $16,100. So the IRS basically says, we didn't see that money.

It's a freebie.

The rest we're going to touch, but that part we won't.

Married filing jointly, $32,200.

That ain't bad.

And head of household $24,150.

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