Income & Business
Gross Revenue
$0$250K$500K
Business Expenses
Home Office (sq ft)
Family & Dependents
Filing Status
Children (< 17)
Other Dependents
Deductions & Credits
Fed. Std. Deduction
OR Std. Deduction
Mortgage Interest
Charitable Giving
Clean Vehicle Credit
Investment & Retirement
Long-Term Cap. Gains
Short-Term Cap. Gains
Other Investment Inc.
Dividends, interest (HYSA), rental income, etc.
Solo 401(k)
Includes Employee Deferral + Employer Profit Sharing. Max $71k total for 2026.
SEP IRA
Employer contribution only. Up to 20% of net profit (or 25% W2). Shared limit with Solo 401k.
Traditional IRA
Max $7,000. Deductibility phases out if you have a Solo 401k or SEP.
MAGI Add-backs
Local Tax Rate (%)
Enter percentage (e.g., 0.8 for TriMet SE Tax). Applies to Net Earnings.
Health Insurance (ACA)
Annual Premium Cost
SLCSP Benchmark
Your Plan Premium
Total Tax
$0
Net In Pocket
$0
Effective
0%
Marginal
0%
$0 Net Pocket
Expenses
Federal
State
Pocket
Net Business Income $0
AGI $0
Taxable Income $0
TOTAL LIABILITY $0
Effective Rate
0%
Marginal Rate
0%
Net In Pocket
$0
Monthly Take-Home$0
Biweekly Take-Home$0
Due
Fed
State
Q1
Apr 15
Q2
Jun 15
Q3
Sep 15
Q4
Jan 15
0%
Paid vs Liability
$0 of $0
$0 remaining
TypeFedState
Annual Liability$0$0
Paid So Far$0$0
Under/Overpaid$0$0
Suggested / Quarter$0$0
Combined Remaining$0
Safe Harbor Status
90% Current Year --
ACA Subsidy Status
MAGI for ACA $0
% of FPL 0%
Subsidy Status --
SLCSP Benchmark $0
Est. Monthly Subsidy $0
Your Monthly Premium $0
Net Monthly Premium $0
SEP-IRA Strategy Comparison

Test different contribution amounts to see tax savings.

ScenarioConservativeAggressiveMax
SEP Amt $0
Total Tax $0 $0 $0
Savings $0 $0 $0
Net Pocket $0 $0 $0