The IRS has unveiled higher federal tax brackets for 2026 to adjust for inflation. The standard deduction will increase to $32,200 for married couples filing together and $16,100 for single taxpayers. There are also changes to the long-term capital gains brackets, estate tax exemption, child tax credit eligibility and more. The IRS announcements come a day after the agency said it would furlough nearly half its workforce due to the ongoing government shutdown.