2025 Tax Analysis
Adrian + Heather Gonzales
Married Filing JointlyKey Figures
Total Income
~$150,000
Marginal Bracket
22%
Effective Rate
12%
Next Bracket
24%
above ~$211,400
Income Breakdown
Total Income
~$150,000
Salary$60,000
Distributions$90,000
Per CPA recommendations from Ryan Alexander, CPA. Salary of $60K with $90K in distributions from business income.
Federal Tax Brackets
10%
$2,32012%
$8,53222%
$12,254Planning Opportunities
| Strategy | Priority |
|---|---|
Maximize Tax-Advantaged Accounts 401(k), IRA, HSA contributions when income stabilizes | High |
Business Expense Deductions Review deductible expenses for Atomic and Home Smiles | High |
Qualified Business Income Deduction Up to 20% deduction on qualified business income | Medium |
Tax-Loss Harvesting Offset gains with strategic loss realization | Medium |
Education Tax Credits Plan for future education-related tax benefits | Low |
Document Checklist
Most recent paystub (each earner)
Business P+L statements (Atomic)
Business P+L statements (Home Smiles)
Last year's 1040 (baseline)
Estimated tax payment confirmations
Progress0/5