A clearer starting point.
See how your income adds up. Keep a personalized breakdown for your next conversation.
Annual amounts. Adjust the starting figures to match your situation.
Active net income after expenses and adjustments.
Net taxable gains, plus qualified dividends. Not sale proceeds.
Assumes full-year U.S. residency, no dependents, taxpayer(s) under 65, no blindness, credits, itemized deductions, QBI deduction, special-rate gains or foreign-tax adjustments. Business income is already net of above-the-line adjustments. FICA and self-employment taxes are excluded. A simplified AMT check is included; tax preferences can change it.