Tax Planning & Optimization
Intelligent tax strategies for multi-platform income optimization
32.5% Effective Rate
2024
Estimated Tax
$28,750
Paid
Quarterly Payments
$21,500
Due Q4
Remaining
$7,250
Tracked
Deductions
$15,600
Income Breakdown
$146,100
Total Annual Income
Business Income$88,400
61% of total income
Personal Income$57,700
39% of total income
Tax Calculation
Gross Income$146,100
Business Deductions-$15,600
Standard Deduction-$13,850
Taxable Income$116,650
Estimated Tax$28,750
Effective Rate32.5%
2024 Tax Progress
75% Complete
$21,500 of $28,750 paid
Q1 2024
$7,200
paid
Due: Apr 15
Q2 2024
$7,150
paid
Due: Jun 17
Q3 2024
$7,150
paid
Due: Sep 16
Q4 2024
$7,250
upcoming
Due: Jan 15
Tax Planning Action Center
S-Corp Election
Convert to S-Corporation to save $3,200 annually on self-employment taxes.
Tax Calculator
Calculate estimated taxes and optimize quarterly payment strategy.
CPA Consultation
Schedule a consultation with a tax professional for personalized advice.