According to CNBC, the U.S. Internal Revenue Service (IRS) has released the long-term capital gains tax brackets for 2027, raising the taxable income thresholds for the 0% tax rate. The report also notes that for 2027, the standard deduction will be $16,600 for single filers and $33,200 for married couples filing jointly, noting that the standard deduction and the 0% tax bracket threshold are distinct metrics. The report points out that the 0% tax bracket applies to federal long-term capital gains tax and does not mean such gains are necessarily exempt from state taxes.