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Home of "CORE & Explore©" Investing for the Long Term! ![]() Kirk's Key Articles Taxes - Subscribe to Newsletter - Charts |
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Helpful Tax Estimations 2025 Tax & IRMAA Estimator for CA (Single & Married Filing Jointly) The above is the most up-to-date version. 2025 US Federal plus California Tax Simulator (Single Early Edition) Note/Warning:
These are all ESTIMATES based on what I understand
the 2025 tax code covers built with the help of
AI. Both myself and the AI make many errors
and are not perfect or any approximations of tax
experts. For example, the AI often "forgets"
Trumps BBB increased the SALT deduction to $40K
for certain income levels, retroactive to the
start of 2025. I tried to get this included but am
not sure it calculates the roll-off of this
"benefit" for higher incomes correctly. I find
these calculations useful to ESTIMATE the effects
of taking more capital gains or maybe paying a
property tax bill before 2025 ends even if it is
due in 2026. At the bottom of the"2025 Tax
& IRMAA Estimator for CA", I have a summary
staring with "Detailed Tax Breakdown (Trace)" that
you can highlight with your mouse and print out to
compare different cases.
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