What-If Scenario Planner
Experiment with different tax scenarios in real-time. See how changes impact your tax liability.
Baseline Scenario
Adjust Your Scenario
401(k) Contribution
Max: $23,500
$0Tax Savings: $0
Dependents
Child Tax Credit: $2,000 each
0Potential Credit: $0
Mortgage Interest
Max: $30,000
$0Standard Deduction Better
Charitable Donations
Max: $20,000
$0Tax Savings: $0
Self-Employment Income
Max: $200,000
$0SE Tax: $0
State Tax
Compare different states
State Tax: $3,628
Tax Impact Analysis
Baseline Tax
$11,576
Effective Rate: 15.43%
Scenario Tax
$11,576
Effective Rate: 15.43%
Additional Tax
$0
0.0% increase
Detailed Breakdown
Federal Tax
$7,949
State Tax
$3,628
Self-Employment Tax
$0
Total Credits
$0
Note: Optimization Insights
You can contribute $23,500 more to 401(k) to save an additional $5,170 in taxes.
Standard deduction ($15,750) is better than itemizing. Consider bunching deductions into one year.