Sample Tax Reports
See How Strategic Tax Planning Identifies Opportunities Beyond the Tax Return
Our tax planning reports are generated using Holistiplan, a professional tax analysis platform used by financial advisors to identify planning opportunities beyond the tax return. These reports help us evaluate tax brackets, income sources, and potential strategies that may reduce lifetime taxes.
What This Tax Report Analyzes
This report helps identify:
- Current and future marginal tax brackets
- How ordinary income, capital gains, and dividends are taxed differently
- Exposure to Medicare IRMAA premium surcharges
- Itemized vs. standard deduction efficiency
- Tax efficiency of investment income
- Eligibility for deductions, credits, and retirement contributions
- Planning opportunities related to Roth conversions, charitable giving, and income timing
These points directly reflect what appears throughout the report, including the Key Figures summary, tax bracket analysis, Medicare premium thresholds, and observations section.
Key Sections Explained
You don’t want to just show the report — you want to explain how to read it.
Key Figures & Tax Breakdown
At the beginning of the report, total income, adjusted gross income (AGI), taxable income, and total tax are summarized, along with the client’s marginal and effective tax rates.
This snapshot helps identify where income is concentrated and how much flexibility exists for planning strategies
Tax Bracket & Capital Gains Analysis
The report illustrates how income is layered through tax brackets and how long-term capital gains and qualified dividends are taxed at preferential rates.
Understanding this distinction is essential when evaluating Roth conversions, investment sales, and income timing decisions
Medicare Premium Impact (IRMAA)
The report highlights how Modified Adjusted Gross Income (MAGI) can trigger higher Medicare Part B and Part D premiums.
This is especially important for retirees and near-retirees, where income decisions can have downstream healthcare cost implications
Deductions, Credits, and Income Sources
Detailed schedules summarize itemized deductions, business income, interest, dividends, and capital gains.
This allows us to evaluate whether deductions are being maximized and where future planning may improve outcomes
Observations & Planning Opportunities
One of the most valuable sections of the report is the observations summary, which flags potential planning considerations such as:
- Proximity to higher tax brackets
- Roth conversion opportunities
- Charitable giving strategies
- Retirement plan options for business income
- Opportunities for improved withholding or estimated tax payments
- These insights help drive proactive planning conversations rather than reactive tax decisions
Sample Reports
Samuel Singletary Sample Report
These sample tax reports are provided for illustrative purposes only. Tax strategies and outcomes vary based on individual circumstances. Any recommendations should be reviewed in coordination with a qualified tax professional.
How This Fits Into Our Planning Approach
How We Use Tax Reports
Tax planning is most effective when coordinated with retirement planning, investment strategy, and estate considerations. These reports are often used alongside our broader financial planning process to help clients make informed, forward-looking decisions.