Decision Center

Tax Planning

Plan the bill before it arrives.

A step-by-step path through U.S. federal and state tax planning, from withholding to capital gains, using IRS rules.

Your step-by-step path

  1. 1

    Estimate the annual bill

    Start with federal taxable income and marginal brackets.

    Open Income Tax Calculator
  2. 2

    Fix your withholding

    Tune Form W-4 so you neither owe nor overpay.

    Open W-4 Withholding Calculator
  3. 3

    Add state tax

    State treatment varies widely and changes the total.

    Open State Income Tax Calculator
  4. 4

    Plan quarterly payments

    Self-employed or with side income? Avoid underpayment penalties.

    Open Estimated Quarterly Tax Calculator
  5. 5

    Model investment gains

    Short-term and long-term gains are taxed very differently.

    Open Capital Gains Tax Calculator
  6. 6

    Check your effective rate

    Your true rate is almost always lower than your bracket.

    Open Effective Tax Rate Calculator

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