IRS 2026 Tax Brackets Explained: Capital Gains, Deductions & Real Examples

In this video, Toby Mathis breaks down the 2026 federal tax brackets and explains how inflation adjustments affect your standard deduction, 401(k), IRA, and HSA contribution limits. DOWNLOAD The FREE 2026 Tax Reference Guide 👉 https://aba.link/je1 He walks through how tax brackets actually work, clearing up the common misconception that all of your income is taxed at your highest rate. You’ll learn the updated 2026 standard deduction amounts for single filers and married couples, along with why personal exemptions are permanently gone under current tax law. Toby also explains the “stacking” or bucket system so you can see exactly how taxable income flows through each bracket. Real-world examples make it easy to understand how much you truly owe and how to avoid overpaying the IRS. Would you like to learn more about protecting your assets and minimizing taxes? Schedule a free consultation here: https://aba.link/3dd896 Show Notes: 0:00 2026 tax brackets 1:24 How tax brackets REALLY work (the “bucket” system) 5:53 Stacking explained: ordinary income vs long-term capital gains 7:52 Step 1 (Earn): what counts as gross income 8:54 Step 2 (Adjust): retirement + HSA + other above-the-line items (AGI) 11:14 Step 3 (Deduct): standard vs itemized deductions 18:41 Example #1: Single filer ($70k wages + $10k LTCG) 22:14 Calculating ordinary tax + capital gains tax together 25:23 Example #2: Married filing jointly ($200k wages + $50k LTCG) 28:05 Standard deduction → taxable income 34:04 The key takeaway + free 2026 tax cheat sheet --------------------------------------------------------------------------------------------------------- FREE TAX & ASSET PROTECTION WORKSHOP Register for an upcoming workshop today if you want to protect your business and personal assets from snoopy lawyers and creditors. Save Your Seat: https://aba.link/dad4e0 ~~~~ FINANCIAL PLANNING & TAX RESOURCES 📚 Order Your Copy of "Infinity Investing: How The Rich Get Richer And How You Can Do The Same" Here: 👉👉 👉 https://aba.link/IIWbook Order Your Copy of ”Tax-Wise Business Ownership" and find greater success by taking advantage of tax laws for your business. Here 👉 https://aba.link/tobyshop Visit Anderson Advisor's website for content, like articles, podcasts, and more that we publish alongside my channel. 👉 https://aba.link/tobyaba ~~~~ FOLLOW US: Instagram: https://aba.link/instagram Facebook: https://aba.link/facebook Twitter: https://aba.link/twitter LinkedIn: https://aba.link/linkedin TikTok: https://www.tiktok.com/@tobymathisesq ~~~~ CONTACT US Phone: 800.706.4741 Email: info@andersonadvisors.com Fax: 702.664.0545 ABOUT TOBY MATHIS Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba --------------------------------------------------------------------------------------------------------- WARNING: I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name, and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture. The information provided in this video should not be construed or relied on as financial, investment, or legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. #taxbrackets #taxdeductions #taxstrategy #2026taxes