When you're trying to figure out your cash flow, it's important to figure out the tax hit that you can expect on your income. Next year, we're going to see higher federal income tax brackets based on inflation. And also in 2026, we'll see a higher standard deduction, $32,200 for married couples, $16,100 for single filers.Why is this important. Well, it's important to understand that the federal income tax bracket and the federal tax that you pay depends on what your taxable income is and that is the amount ...