Tax Headroom

Tax Headroom helps you estimate how much room you have before crossing key federal tax thresholds. Explore current-year federal tax outcomes from Roth conversions, IRA withdrawals, QCDs, capital gains, dividends, Social Security, deductions, credits, and estimated payments. Adjust sliders and immediately see how your income, federal tax, ACA premium subsidy, and estimated federal tax balance may change. Birth month and year help tailor age-based deductions, QCD eligibility, and partial-year ACA and Medicare coverage estimates. View your estimated federal tax balance separately from combined tax and health planning costs. Use Tax Headroom to explore questions like: • How much Roth conversion room do I have this year? • How much long-term capital gain can I realize before hitting a higher bracket? • Will extra income affect my ACA subsidy? • How does my income compare with IRMAA thresholds? • How do QCDs or charitable contributions affect my outcome? • What additional federal tax payment might I need? Calculations include NIIT, AMT, and eligible senior deductions. IRMAA planning estimates compare entered current-year income with current Medicare surcharge thresholds. Actual Medicare surcharges generally use income from two years earlier; future premiums are not projected. Tax Headroom focuses on federal current-year planning. It is not tax filing software and does not currently model state taxes. Results are estimates based on the values you enter and should be reviewed with a qualified tax professional before making tax or investment decisions.