{"id":1098,"date":"2026-01-08T18:46:33","date_gmt":"2026-01-08T18:46:33","guid":{"rendered":"https:\/\/www.sasscpas.com\/blog\/?p=1098"},"modified":"2026-01-08T18:46:34","modified_gmt":"2026-01-08T18:46:34","slug":"2026-tax-law-changes-for-individuals","status":"publish","type":"post","link":"https:\/\/www.sasscpas.com\/blog\/index.php\/2026\/01\/08\/2026-tax-law-changes-for-individuals\/","title":{"rendered":"2026 Tax Law Changes for Individuals"},"content":{"rendered":"\n<p>Here&#8217;s a sampling of some significant tax law changes going into effect this year:<\/p>\n\n\n\n<ul><li>New charitable contribution deduction for nonitemizers for cash contributions up to $1,000 ($2,000 for married couples filing jointly)<\/li><li>New 0.5% of adjusted gross income floor on charitable deduction for itemizers<\/li><li>New 35% benefit limit on itemized deductions for taxpayers in the 37% tax bracket<\/li><li>Reduced income thresholds at which the alternative minimum tax exemption begins to phase out (and a phaseout rate that&#8217;s twice as fast as 2025&#8217;s)<\/li><li>New tax-advantaged Trump accounts to benefit children under age 18<\/li><li>Increase in tax-free 529 plan withdrawal limit for qualified elementary and secondary school expenses to $20,000 (from $10,000 for 2025)<\/li><li>New requirement that higher-income taxpayers&#8217; catch-up contributions to employersponsored retirement plans must be treated as post-tax Roth contributions<\/li><li>Elimination of certain energy-efficiency credits for homeowners<\/li><li>Wider income ranges over which the Section 199A qualified business income (QBI) deduction limitations phase in, potentially allowing larger deductions for some passthrough entity owners<\/li><li>New minimum QBI deduction of $400 for taxpayers who materially participate in an active trade or business if they have at least $1,000 of QBI from it<\/li><\/ul>\n\n\n\n<p>Contact us to discuss how these or other changes might affect you.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here&#8217;s a sampling of some significant tax law changes going into effect this year: New charitable contribution deduction for nonitemizers for cash contributions up to $1,000 ($2,000 for married couples filing jointly) New 0.5% of adjusted gross income floor on charitable deduction for itemizers New 35% benefit limit on itemized deductions for taxpayers in the [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":1101,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1098"}],"collection":[{"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=1098"}],"version-history":[{"count":1,"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1098\/revisions"}],"predecessor-version":[{"id":1099,"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/1098\/revisions\/1099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/media\/1101"}],"wp:attachment":[{"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=1098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=1098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.sasscpas.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=1098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}