Durata Wealth | Tax Planner

Side-by-side scenario analysis — edit any field; results update live.

Filing & Profile

Scenario AScenario B

Tax year

Filing status1040 · filing status

Statestate return

State manual rateused if State = Manual

Qualifying children <17Sch 8812 · CTC

Other dependentsSch 8812 · ODC ($500)

Taxpayer 65+1040 · age/blind boxes

Taxpayer blind

Spouse 65+MFJ only

Spouse blindMFJ only

Est. tax penalty1040 ln 38 · added to amount owed

Income

Scenario AScenario B

Wages & salary1040 1a · W-2 box 1

Taxable interest1040 2b · 1099-INT box 1

Tax-exempt interest1040 2a · 1099-INT box 8

Ordinary dividends1040 3b · 1099-DIV box 1a

Qualified dividends1040 3a · 1099-DIV box 1b

IRA / pension / annuity1040 4b/5b · 1099-R box 2a

Social Security benefits1040 6a · SSA-1099 box 5

Short-term capital gainSch D ln 7 · 1099-B (ST)

Long-term capital gainSch D ln 15 · 1099-B (LT)

Business income (net)Sch 1 ln 3 · Sch C ln 31

Self-employment earningsSch SE ln 2 · SE tax base (not added to income)

W-2 Social Security wagesW-2 box 3 · reduces SE SS base · blank = same as wages

Other incomeSch 1 ln 8/9

…of which NIIT-eligiblepassive/investment · Sch 1 ln 5

Adjustments & Deductions

Scenario AScenario B

Above-the-line adjustmentsSch 1 ln 25 (HSA/IRA/SE health) — ½ SE tax auto

State/local income tax paidSch A 5a — overrides computed resident-state tax for SALT; blank = use modeled state

Property & other state/local taxSch A 5b/5c — real-estate + personal property; auto-added to SALT & capped

Home mortgage interestSch A 8 · Form 1098

Charitable contributionsSch A 11–14

Medical expensesSch A 1–4 — deductible above 7.5% of AGI (auto)

Other itemizedSch A — anything else; std used if total is larger. State income tax auto-added to SALT.

Qualified business income (QBI)1040 13 · Form 8995

Credits & Payments

Scenario AScenario B

Other tax credits1040 20 · Sch 3

Federal withholding1040 25 · W-2 box 2 / 1099 box 4

Estimated payments1040 26

Comparison

Planning Headroom room before…

Observations

Projecting both scenarios forward from their base-year inputs — edit them on the Single-Year Compare tab. Age to Income growth %/yr Inflation %/yr Retire at age Include → Social Security RMDs

Total Tax Over Time by age · A vs B

Effective Tax Rate Over Time by age · A vs B

Year-by-Year Projection

Social Security claiming analysis — enter the FRA benefit from the client's SSA statement, or compute it from AIME below.

Inputs

Birth yearsets full retirement age

FRA monthly benefit (PIA)SSA statement — benefit at full retirement age

Plan to age (longevity)for lifetime totals & breakeven

Your claim agefor household calc below

Annual earned incomewages/SE while claiming early — earnings test

Spouse optional — for spousal & survivor

Spouse birth year

Spouse FRA benefit (PIA)SSA statement

Spouse claim age

PIA Calculator from AIME · bend points

AIMEavg indexed monthly earnings

Eligibility yearyear you turn 62

Computed PIA—

Benefit by Claiming Age

Cumulative Benefits — Breakeven to age

Breakeven Ages

Earnings Test working before FRA

Household — Spousal & Survivor

Required Minimum Distributions (SECURE 2.0) — IRS Uniform Lifetime Table.

Inputs

Birth yearsets RMD start age (73 or 75)

Traditional IRA / 401(k) balancepre-tax, current value

Expected annual return

Project to age

RMD Schedule

IRA Balance Over Time begin-of-year

Annual RMD

Roth conversion optimizer — compares a fill-to-bracket conversion ladder against doing nothing, on lifetime tax.

Accounts & Returns

Birth year

Filing status

State

Traditional IRA / 401(k)

Roth balance (start)

Expected return %

Inflation %

Retirement Income

Other annual incomepension/other ordinary

Social Security (annual)

SS claim age

Conversion Strategy

Convert from age

Convert to ageusually the year before RMDs

Fill to top of bracket

Plan to age

Heirs' tax ratebracket on inherited IRA (10-yr drain)

Lifetime Tax — Ladder vs No Conversion

Account Balances Over Time

Conversion Schedule

Legacy to Heirs SECURE 2.0 · 10-yr drain

Withdrawal sequencing — compares a conventional drawdown order (taxable → traditional → Roth) against a tax-smart order that fills the low brackets from the IRA first, on lifetime tax and portfolio longevity.

Accounts & Returns

Birth year

Filing status

State

Taxable account

Taxable cost-basis %share that's basis, not gain

Traditional IRA / 401(k)

Roth balance

Expected return %

Inflation %

Spending & Income

Annual spending needafter-tax, today's $

Other annual incomepension/other ordinary

Social Security (annual)

SS claim age

Plan to age

Tax-Smart Strategy

Fill IRA to top of bracket

Lifetime Tax — Conventional vs Tax-Smart

Total Portfolio Over Time

Tax-Smart Withdrawal Schedule

Deterministic stress test — break-points in years & dollars (no Monte Carlo). Move the levers to see when the plan breaks.

Plan

Birth year

Filing status

State

Investable portfoliodrawdown source (after-tax)

Traditional IRA

Annual spending needgeneral lane, today's dollars

Healthcare spending (annual)separate lane, today's $ — 0 to skip

Healthcare inflation %grows faster than general inflation

Other annual incomepension

Social Security (annual)

SS claim age

Expected return %

Inflation %

Plan to age

Stress Levers

Social Security haircut %e.g. ~23% (2033 shortfall)

Return haircut (pts)

Extra inflation (pts)

One-time spending shock $e.g. LTC event

Shock at age

Post-OBBBA-sunset tax rates12→15, 22→25, 24→28, 32→33, 37→39.6%

Solvency — Base vs Stressed

Portfolio Balance Over Time

Estate & gifting projector — federal estate tax with the 2026 exemption / sunset, gifting, state estate tax, and step-up in basis.

Estate

Total estate value

Married (2× exemption)

Use sunset exemption (~$7M)vs current ~$15M/person

Unrealized gains in estatefor step-up illustration

Heirs' cap-gains rate %

Annual-Exclusion Gifting

Gift per recipient / yr≤ ~$19,000 exclusion

# recipients

Years of gifting

State Estate Tax

State exemption0 if none

State estate tax rate %

Estate Tax Result

Charitable bunching — concentrating several years of giving into one year (often via a donor-advised fund) to clear the standard-deduction hurdle, vs giving the same total evenly each year.

Income & Giving

Filing status

State

Annual incomewages / ordinary, drives bracket

Annual charitable gift

Other itemized / yrSALT + mortgage interest, etc.

Bunching Plan

Bunch how many years' giftsgiven together in year 1

Total Tax Over the Cycle — Even vs Bunched

Year-by-Year

Bracket map — federal ordinary & capital-gains brackets plus key thresholds, by year and filing status. These read live from the planner's TAX tables; edit those once a year to update everything here.

Year

Filing status

Estimate a Tax Bill

Annual incomepre-deduction (AGI)

Extra deductionsadded to the standard; blank = std only

State

Statecurrent-year snapshot

Estimated Tax Bill

Ordinary Income Brackets

Long-Term Cap Gains / Qualified Dividends

Key Thresholds

Medicare IRMAA Tiers per beneficiary

State Income Tax

The federal panels — ordinary brackets, capital-gains thresholds, standard deduction, NIIT, SALT cap, CTC phaseout, SS wage base, and the IRMAA schedule — all come from the planner's TAX table for the selected year, so one annual edit to TAX[year] updates the whole map and the calculations. (All years currently share one IRMAA schedule until you give a year its own.) IRMAA applies per Medicare beneficiary. State schedules are a separate current-year snapshot (single vs. married-joint only) and do not change with the year toggle.

À-la-carte point tools — small, deterministic calculators.

72(t) / SEPP penalty-free early IRA withdrawals

IRA balance

Age

Interest rate %~120% of fed mid-term

NUA net unrealized appreciation on employer stock

Cost basis

Current market value

Ordinary rate %

LTCG rate %

QCD qualified charitable distribution

QCD amountmax $108,000/yr

Marginal rate %

Tiered AUM Fee

Assets under management

Rate % · first $1M

Rate % · next $2M

Rate % · above $3M

Backdoor Roth pro-rata rule on a nondeductible IRA → Roth

Nondeductible contributionthis year · max $7,000 (+$1,000 if 50+)

Existing pre-tax IRA balanceall traditional/SEP/SIMPLE IRAs

Existing after-tax basis

Amount converting0 = use the contribution

Marginal rate %

One-page observation report from Scenario A (edit its inputs on the Single-Year tab).

Durata Wealth

Tax Observations

Planning estimates from the Durata tax engine; verify before filing. Not tax advice.

Tax Planner — Help

A federal income-tax planning workbench built around two editable scenarios, A and B. Enter the client's picture once on the Single-Year tab; every other tool projects, stress-tests, or optimizes from those inputs. Terms with a dotted underline have a click-to-open tooltip. All figures are federal (with an optional state layer where noted), use the selected year's tables, and are illustrations — not tax advice.

Projections

🧮 Single-Year Compare

Side-by-side tax calculation for scenarios A and B; everything updates live. Enter Filing & Profile, Income (ordinary, qualified dividends, short/long gains, IRA/pension, Social Security, business), Adjustments & Deductions (itemized with the SALT cap, or the standard deduction — whichever is larger is used), and Credits & Payments. The Comparison panel shows the full stack — AGI, taxable income, ordinary and capital-gains tax, NIIT, marginal & effective rates, refund/owed — plus plain-English observations. Use it for any "what if": a Roth conversion, extra gain, filing status, a state move, bunching deductions.

📈 Multi-Year Projection

Rolls both scenarios forward from their base-year inputs. Set the age range, income growth, inflation (indexes the federal tables), and retire-at age, and toggle which income items to include. Outputs a Total-Tax-Over-Time chart (A vs B) and a year-by-year table. Models inflation-indexed brackets, the 65+ standard deduction, and capital-loss carryforward.

Retirement

🏛️ Social Security

Claiming analysis. Enter the FRA benefit from the SSA statement, or compute the PIA from AIME via the bend points. Shows the benefit by claiming age (62–70), the earnings test if claiming early while working, and household spousal & survivor benefits.

📉 RMD

Required Minimum Distributions under SECURE 2.0 using the IRS Uniform Lifetime Table — enter balance and age for the schedule and starting age.

🔄 Roth Optimizer

Compares a fill-to-bracket conversion ladder against doing nothing, on lifetime tax. Enter balances/returns, retirement income, and the conversion strategy (which bracket to fill, over how many years).

🪣 Withdrawal Order

Compares a conventional drawdown order (taxable → traditional → Roth) against a tax-smart order that fills the low brackets from the IRA first — on lifetime tax and portfolio longevity.

Planning

⚠️ Stress Test

A deterministic stress test (no Monte Carlo) that finds break-points in years and dollars. Move the levers — lower returns, higher spending, a market shock, longer life — to see when the plan breaks: base vs. stressed solvency.

🏦 Estate

Federal estate-tax projector with the 2026 exemption / sunset, annual-exclusion gifting, an optional state estate tax, and step-up in basis.

🎁 Charitable Bunching

Concentrating several years of giving into one (often via a donor-advised fund) to clear the standard-deduction hurdle, vs. giving the same total evenly — showing the extra tax benefit.

🧰 Tools

Small deterministic calculators: 72(t)/SEPP (penalty-free early IRA withdrawals), NUA (net unrealized appreciation on employer stock), QCD (qualified charitable distribution), Tiered AUM Fee (blended fee across breakpoints), and Backdoor Roth (with the pro-rata trap).

Reference

📊 Brackets

A reference map of the selected year's federal parameters — ordinary brackets, capital-gains thresholds, standard deduction, NIIT, SALT cap, CTC phaseout, SS wage base, and IRMAA — all from the planner's TAX table, plus a current-year state snapshot.

📄 Report

A one-page, printable observation report from Scenario A. Edit A's inputs on the Single-Year tab, then print or save it as a client handout.

A full written manual lives in the project's manuals/ folder. Every figure is a planning estimate — verify before filing. Not tax advice.

Data sources. State income-tax rates & brackets: Tax Foundation, 2026 State Income Tax Rates & Brackets. Federal parameters: IRS 2025/2026. Figures are planning estimates — verify before client use. Local/county income taxes (e.g. MD, IN, OH municipalities), some state add-backs/credits, and a few high-income surcharges (e.g. CA 1% MHS, NY recapture) are approximated or excluded. State tax currently uses one 2026 schedule regardless of the selected tax year.

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For educational and planning illustration only — not tax, legal, investment, or accounting advice. Results are estimates from the Durata tax engine based on the assumptions you enter and simplifying rules; state figures are approximate and tax law changes. Verify with a qualified professional before filing or acting. © Durata Wealth Management.