India, Sept. 17 -- The 37% federal income-tax bracket could start at higher income levels in 2027. A preliminary estimate puts the start of the 37% tax bracket at more than $793,650 in taxable income for married couples filing jointly. For single taxpayers, the 37% bracket could start at more than $661,375 in taxable income. These are early estimates and not official IRS figures.

Bloomberg Tax released its 2027 tax projections on Tuesday. Its estimate uses a 3.2% inflation adjustment to calculate possible 2027 tax brackets. The IRS usually announces the official inflation-adjusted tax brackets for the next year in the fall. The final figures will come after the full statutory calculation period is completed. Bloomberg Tax made the projec...