6 Tax Changes That Could Affect Your 2026 Return

Morningstar · Sheryl Rowling · 2026-11-05 13:00 UTC

The 2026 tax year brings bigger standard deductions, new charitable deduction rules, higher retirement savings limits, and other tax-planning changes.

The latest tax updates bring bigger deductions for some taxpayers, new limits for others, and fresh planning opportunities before year-end.

There’s always something new to consider when planning for taxes, and 2026 is no different. As we did last year, let’s look at the highlights.

1. Inflation-Adjusted Changes

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