Taxable income = gross income minus deductions (2026 standard deduction: $16,100 single / $32,200 married joint / $24,150 head of household — IRS Rev. Proc. 2025-32).
Thresholds and limits as of July 2026, per IRS Rev. Proc. 2025-32 (taxable-income breakpoints). Federal long-term rates only: state taxes excluded; short-term gains (held ≤1 year) are taxed as ordinary income. The 3.8% Net Investment Income Tax may apply above MAGI $200,000 (single/HoH), $250,000 (married joint), $125,000 (married separate) — flagged, not computed (MAGI ≠ taxable income). This is informational, not tax advice. Data + methodology: the 0% headroom research asset · how the stacking rule works. Report an issue: [email protected].