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30-yr fixed6.53% +0.02
15-yr fixed5.87% +0.02
Fed funds3.50–3.75% 0.00
10-yr Treasury4.45% -0.03
Avg CC APR21.00% +0.03
CPI (YoY)4.1% +0.6
S&P 500 YTD+10.7% +0.2

For educational purposes only — not financial advice. Learn about our editorial process

Recommended

File with confidence

I

TurboTax

Intuit

Filers who want the most hand-holding

A guided, plain-English interview and the widest import options make it the easiest way to file, even for complex returns.

HB

H&R Block

H&R Block

Filers who may want in-person backup

Pairs capable DIY software with a nationwide network of physical offices, so you can hand off or get help in person if you get stuck.

T

TaxAct

TaxAct

Cost-conscious filers wanting a balance of price and features

Covers self-employed returns at a lower premium price than the big names, making it a sensible middle ground on cost and features.

Common questions

Paycheck calculator FAQ

Federal income tax uses a progressive bracket system. Your income is taxed at increasing rates as it moves through brackets -- for example, the first $11,925 (single filer, 2026) is taxed at 10%, the next portion at 12%, and so on. The standard deduction ($15,700 for single filers in 2026) reduces your taxable income before brackets are applied.

For educational purposes only -- not financial or tax advice. Tax rates shown are based on 2026 data and may not reflect recent changes. Consult a tax professional for your specific situation.