{ "schemaVersion": 1, "name": "Deorbit Plan retirement parameters", "description": "Every law-derived and modelling figure the Deorbit Plan retirement simulator uses, with its primary-source link and verification status.", "generated": "2026-11-12", "site": "https://deorbitplan.com", "page": "https://deorbitplan.com/sources/", "licence": "Free to reuse with attribution and a link to deorbitplan.com/sources/. The underlying figures come from public primary sources (the IRS, SSA, CMS, HHS and state revenue departments); this file adds the plain-language names, source links and verification status.", "notes": [ "verified is false where a figure has not yet been re-checked against its primary source; verifiedOn is null where no verification date is recorded.", "In values, null in an upper bound (a top bracket, a cap) means no limit.", "Entries with basis \"modelling-assumption\" are simulator defaults, not law, and have no source link." ], "coverage": [ { "year": 2026, "available": [ "Federal ordinary brackets", "Standard deduction", "Capital gains thresholds", "Additional deduction, age 65 and over", "Gift-tax exclusion", "Estate-tax exclusion", "HSA limits", "HSA-qualifying health plan (HDHP) deductible and out-of-pocket limits", "401(k), IRA and QCD limits", "ACA required-contribution table", "Poverty guidelines for ACA", "Social Security figures", "Medicare Part B premium", "IRMAA tiers", "Medicare Part D base premium" ], "pending": [] }, { "year": 2027, "available": [ "Federal ordinary brackets", "Standard deduction", "Capital gains thresholds", "Additional deduction, age 65 and over", "Gift-tax exclusion", "Estate-tax exclusion", "HSA limits", "HSA-qualifying health plan (HDHP) deductible and out-of-pocket limits", "ACA required-contribution table", "Poverty guidelines for ACA", "Social Security figures", "Medicare Part D base premium" ], "pending": [ "401(k), IRA and QCD limits", "Medicare Part B premium", "IRMAA tiers" ] } ], "entries": [ { "id": "state-tax-configs-al", "label": "Alabama: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-AL", "domainTitle": "Alabama income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.alabama.gov/tax-types/individual-income-tax/", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "code": "AL", "name": "Alabama", "kind": "flat", "rate": 0.05, "stdDeductionMfj": 8500, "personalExemptionMfj": 3000, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 6000, "minAge": 65, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "Flat 5% approximation of the 2/4/5% graduated brackets; max-tier std deduction $8,500 MFJ (real deduction phases with AGI); $1,500/spouse exemption; SS exempt; $6,000/person IRA/401(k) distribution exclusion at 65+ (Act 2022-297); federal-tax deductibility ignored." } }, { "id": "state-tax-configs-tx", "label": "Texas: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-TX", "domainTitle": "Texas income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://comptroller.texas.gov/taxes/", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "code": "TX", "name": "Texas", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "Texas has no personal income tax." } }, { "id": "state-tax-configs-ca", "label": "California: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-CA", "domainTitle": "California income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ftb.ca.gov/about-ftb/newsroom/tax-news/2026/10.html", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "CA", "name": "California", "kind": "brackets", "brackets": [ { "upTo": 22912, "rate": 0.01 }, { "upTo": 54314, "rate": 0.02 }, { "upTo": 85722, "rate": 0.04 }, { "upTo": 118996, "rate": 0.06 }, { "upTo": 150394, "rate": 0.08 }, { "upTo": 768218, "rate": 0.093 }, { "upTo": 921854, "rate": 0.103 }, { "upTo": 1536426, "rate": 0.113 }, { "upTo": null, "rate": 0.123 } ], "stdDeductionMfj": 11800, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "2026 MFJ Schedule Y brackets (1%–12.3%), $11,800 MFJ std deduction; exemption credit and 1% mental-health surtax over $1M ignored; SS exempt; capital gains taxed as ordinary income; no retirement exclusion." } }, { "id": "state-tax-configs-ny", "label": "New York: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-NY", "domainTitle": "New York income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.tax.ny.gov/pdf/publications/withholding/nys50_t_nys.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "NY", "name": "New York", "kind": "brackets", "brackets": [ { "upTo": 17150, "rate": 0.039 }, { "upTo": 23600, "rate": 0.044 }, { "upTo": 27900, "rate": 0.0515 }, { "upTo": 161550, "rate": 0.054 }, { "upTo": 323200, "rate": 0.059 }, { "upTo": 2155350, "rate": 0.0685 }, { "upTo": 5000000, "rate": 0.0965 }, { "upTo": 25000000, "rate": 0.103 }, { "upTo": null, "rate": 0.109 } ], "stdDeductionMfj": 16050, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 20000, "minAge": 60, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "TY2026 MFJ rate schedule (3.9%–10.9%: lower five rates cut for 2026, thresholds as in the 2025 IT-201), $16,050 MFJ std deduction (2025 figure, 2026 not confirmed); supplemental-tax recapture for AGI > $107,650 and NYC/Yonkers local taxes ignored; SS exempt; $20,000/person pension-and-annuity exclusion at 59½+ (modeled as 60+); gains taxed as ordinary income." } }, { "id": "state-tax-configs-pa", "label": "Pennsylvania: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-PA", "domainTitle": "Pennsylvania income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.pa.gov/agencies/revenue/forms-and-publications/pa-personal-income-tax-guide/gross-compensation", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "code": "PA", "name": "Pennsylvania", "kind": "flat", "rate": 0.0307, "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": null, "minAge": 60, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "Flat 3.07% on income classes with no standard deduction or exemptions; SS exempt; distributions from eligible retirement plans (401(k)/IRA/pension) fully exempt after retirement age (59½, modeled as 60+); early distributions taxed (approximated by the age gate)." } }, { "id": "state-tax-configs-ak", "label": "Alaska: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-AK", "domainTitle": "Alaska income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://tax.alaska.gov/programs/programs/reports/AnnualReport.aspx?Year=2024", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "AK", "name": "Alaska", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "Alaska has no personal income tax." } }, { "id": "state-tax-configs-az", "label": "Arizona: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-AZ", "domainTitle": "Arizona income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://azdor.gov/forms/individual/form-140-optional-tax-tables", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "AZ", "name": "Arizona", "kind": "flat", "rate": 0.025, "stdDeductionMfj": 30000, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "Flat 2.5%; standard deduction HELD at $30,000 MFJ: Arizona’s own indexed statutory amount was $31,500 MFJ for 2025 (A.R.S. §43-1041; ADOR Feb 2026 update) and the 2026 amount is not yet published, so tax is slightly overstated; SS exempt; no retirement-distribution exclusion; the 25% net-LTCG subtraction (ARS 43-1022) is ignored, so gains are modeled as ordinary." } }, { "id": "state-tax-configs-co", "label": "Colorado: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-CO", "domainTitle": "Colorado income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://tax.colorado.gov/retirees", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "code": "CO", "name": "Colorado", "kind": "flat", "rate": 0.044, "stdDeductionMfj": 32200, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 24000, "minAge": 65, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "Flat 4.4% on federal taxable income (the federal MFJ std deduction, taken from the federal figure, $32,200 for 2026; the TY2023+ addback of deductions above $12,000/$16,000 for federal AGI of $300,000+ is not modeled); SS fully subtractable at 65+ (55–64 income-capped) → modeled exempt; $24,000/person pension/annuity subtraction at 65+ ($20,000 at 55–64 ignored); temporary TABOR rate reductions ignored." } }, { "id": "state-tax-configs-ct", "label": "Connecticut: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-CT", "domainTitle": "Connecticut income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.cga.ct.gov/2025/rpt/pdf/2025-R-0152.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "code": "CT", "name": "Connecticut", "kind": "brackets", "brackets": [ { "upTo": 20000, "rate": 0.02 }, { "upTo": 100000, "rate": 0.045 }, { "upTo": 200000, "rate": 0.055 }, { "upTo": 400000, "rate": 0.06 }, { "upTo": 500000, "rate": 0.065 }, { "upTo": 1000000, "rate": 0.069 }, { "upTo": null, "rate": 0.0699 } ], "stdDeductionMfj": 0, "personalExemptionMfj": 24000, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "2025 MFJ schedule (2%–6.99%); $24,000 MFJ personal exemption (its high-income phase-out and the 3% recapture/benefit-recapture ignored); SS modeled exempt (≤25% taxable only above $100k AGI MFJ); the 100% pension/annuity/IRA exemption is NOT modeled because it phases to zero between $100k–$150k joint AGI (an income cliff the simulator cannot apply)." } }, { "id": "state-tax-configs-fl", "label": "Florida: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-FL", "domainTitle": "Florida income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://floridarevenue.com/faq/Pages/FAQDetails.aspx?FAQID=1466", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "FL", "name": "Florida", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "Florida has no personal income tax." } }, { "id": "state-tax-configs-ga", "label": "Georgia: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-GA", "domainTitle": "Georgia income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://dor.georgia.gov/taxes/important-tax-updates", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "GA", "name": "Georgia", "kind": "flat", "rate": 0.0499, "stdDeductionMfj": 30000, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 65000, "minAge": 65, "appliesTo": "retirementAndInvestment" }, "ltcgAsOrdinary": true, "notes": "Flat 4.99% for TY2026 (HB 463, signed 2026-05-11; down from 5.19% in 2025); from 2027 the statute steps the rate down 0.125 point a year toward 3.99%, each step conditional on revenue tests (Governor’s revenue estimate, prior-year collections, Revenue Shortfall Reserve) and held at 4.99% here; $30,000 MFJ / $15,000 single std deduction; SS exempt; $65,000/person retirement-income exclusion at 65+ for 2026 (rises to $70,000 from 2027; $35,000 for 62–64 ignored); the exclusion covers retirement distributions, pensions, interest, dividends and capital gains (each spouse takes half of joint investment income), but not the $5,000 of earned income the state also allows; gains taxed as ordinary income." } }, { "id": "state-tax-configs-il", "label": "Illinois: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-IL", "domainTitle": "Illinois income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://tax.illinois.gov/questionsandanswers/answer.851.html", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "IL", "name": "Illinois", "kind": "flat", "rate": 0.0495, "stdDeductionMfj": 0, "personalExemptionMfj": 5850, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": null, "minAge": 0, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "Flat 4.95%; $2,925/person exemption (2026; its $500k-AGI disallowance ignored); SS exempt; ALL federally qualified retirement income (IRA, 401(k) and pension distributions) is subtracted regardless of age; gains outside retirement accounts taxed as ordinary income." } }, { "id": "state-tax-configs-in", "label": "Indiana: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-IN", "domainTitle": "Indiana income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.in.gov/dor/resources/tax-rates-and-reports/rates-fees-and-penalties", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "IN", "name": "Indiana", "kind": "flat", "rate": 0.0295, "stdDeductionMfj": 0, "personalExemptionMfj": 2000, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "Flat 2.95% (2026: down from 3.0% in 2025, IC 6-3-2-1; 2027: scheduled to reach 2.9%); $1,000/person exemption (senior add-ons ignored); SS exempt; IRA/401(k) fully taxed; mandatory county income taxes (avg ~1.7%) NOT modeled, which understates tax." } }, { "id": "state-tax-configs-ky", "label": "Kentucky: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-KY", "domainTitle": "Kentucky income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://revenue.ky.gov/Forms/2026%20Withholding%20Formula.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "KY", "name": "Kentucky", "kind": "flat", "rate": 0.035, "stdDeductionMfj": 6720, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 31110, "minAge": 0, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "Flat 3.5% (TY2026, HB 1, down from 4.0% in 2025); $3,360/spouse std deduction; SS exempt; $31,110/person exclusion of pension/IRA/401(k) income with no age requirement; gains ordinary." } }, { "id": "state-tax-configs-ma", "label": "Massachusetts: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-MA", "domainTitle": "Massachusetts income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.mass.gov/info-details/massachusetts-4-surtax-on-taxable-income", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "MA", "name": "Massachusetts", "kind": "brackets", "brackets": [ { "upTo": 1107750, "rate": 0.05 }, { "upTo": null, "rate": 0.09 } ], "stdDeductionMfj": 0, "personalExemptionMfj": 8800, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "Flat 5% plus the 4% surtax over $1,107,750 (2026, indexed) modeled as brackets; $8,800 MFJ exemption; SS exempt; no retirement exclusion (recovery of previously taxed IRA contributions ignored); LTCG at the ordinary 5% rate (the separate 8.5% short-term gains rate is ignored)." } }, { "id": "state-tax-configs-md", "label": "Maryland: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-MD", "domainTitle": "Maryland income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.marylandcomptroller.gov/content/dam/mdcomp/tax/legal-publications/facts/withholding-tax-facts-2026.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "MD", "name": "Maryland", "kind": "brackets", "brackets": [ { "upTo": 1000, "rate": 0.02 }, { "upTo": 2000, "rate": 0.03 }, { "upTo": 3000, "rate": 0.04 }, { "upTo": 150000, "rate": 0.0475 }, { "upTo": 175000, "rate": 0.05 }, { "upTo": 225000, "rate": 0.0525 }, { "upTo": 300000, "rate": 0.055 }, { "upTo": 600000, "rate": 0.0575 }, { "upTo": 1200000, "rate": 0.0625 }, { "upTo": null, "rate": 0.065 } ], "stdDeductionMfj": 5450, "personalExemptionMfj": 6400, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "perStatus": { "single": { "brackets": [ { "upTo": 1000, "rate": 0.02 }, { "upTo": 2000, "rate": 0.03 }, { "upTo": 3000, "rate": 0.04 }, { "upTo": 100000, "rate": 0.0475 }, { "upTo": 125000, "rate": 0.05 }, { "upTo": 150000, "rate": 0.0525 }, { "upTo": 250000, "rate": 0.055 }, { "upTo": 500000, "rate": 0.0575 }, { "upTo": 1000000, "rate": 0.0625 }, { "upTo": null, "rate": 0.065 } ] }, "mfs": { "brackets": [ { "upTo": 1000, "rate": 0.02 }, { "upTo": 2000, "rate": 0.03 }, { "upTo": 3000, "rate": 0.04 }, { "upTo": 100000, "rate": 0.0475 }, { "upTo": 125000, "rate": 0.05 }, { "upTo": 150000, "rate": 0.0525 }, { "upTo": 250000, "rate": 0.055 }, { "upTo": 500000, "rate": 0.0575 }, { "upTo": 1000000, "rate": 0.0625 }, { "upTo": null, "rate": 0.065 } ] } }, "notes": "TY2026 MFJ state schedule (2%–6.5%; the 2025 act added 6.25% over $600,000 and 6.5% over $1.2M); single/MFS use Rate Schedule I (perStatus override), head of household uses the joint schedule; COUNTY income tax (2.25%–3.3%) NOT modeled, which materially understates MD tax; the 2% surtax on net capital gains for federal AGI over $350,000 (TY2025+) is NOT modeled; std deduction HELD at $5,450 MFJ: the statutory TY2025 amount is $6,700 MFJ / $3,350 single, indexed from TY2026, and no TY2026 figure was found in a primary source, so tax is overstated slightly; $3,200/person exemption (phase-out ignored); SS exempt; the pension exclusion ($41,200/person at 65+ for TY2025; the 2026 figure was not confirmed) is NOT modeled: IRAs are ineligible and it is reduced dollar-for-dollar by SS benefits received." } }, { "id": "state-tax-configs-mi", "label": "Michigan: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-MI", "domainTitle": "Michigan income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.michigan.gov/taxes/rep-legal/rab/2026-revenue-administrative-bulletins/revenue-administrative-bulletin-2026-1", "verified": false, "verifiedOn": null, "ref": null, "value": { "code": "MI", "name": "Michigan", "kind": "flat", "rate": 0.0425, "stdDeductionMfj": 0, "personalExemptionMfj": 11800, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 67610, "minAge": 0, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "Flat 4.25%; $5,900/person exemption (2026); SS exempt; retirement/pension subtraction modeled with the completed 2026 phase-in: up to $67,610/person ($135,220 joint, 2026, indexed) of IRA/401(k)/pension income regardless of birth year; 2025’s 75% transition and birth-year tiers ignored." } }, { "id": "state-tax-configs-mn", "label": "Minnesota: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-MN", "domainTitle": "Minnesota income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.state.mn.us/minnesota-income-tax-rates-and-brackets", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "MN", "name": "Minnesota", "kind": "brackets", "brackets": [ { "upTo": 48700, "rate": 0.0535 }, { "upTo": 193480, "rate": 0.068 }, { "upTo": 337930, "rate": 0.0785 }, { "upTo": null, "rate": 0.0985 } ], "stdDeductionMfj": 30600, "personalExemptionMfj": 0, "ssTaxed": true, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "TY2026 MFJ brackets (5.35%–9.85%) and $30,600 std deduction (phase-down ignored); SS modeled as TAXED: the full subtraction for AGI below $110,780 MFJ for 2026 (phasing out 10% per $4,000 above) is not modeled, overstating tax for lower-income retirees; no retirement exclusion; 1% net-investment surtax over $1M ignored; single/HoH brackets are narrower than the MFJ table the simulator reuses (an approximation)." } }, { "id": "state-tax-configs-mo", "label": "Missouri: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-MO", "domainTitle": "Missouri income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://dor.mo.gov/taxation/individual/tax-types/income/year-changes/", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": { "code": "MO", "name": "Missouri", "kind": "brackets", "brackets": [ { "upTo": 1313, "rate": 0 }, { "upTo": 2626, "rate": 0.02 }, { "upTo": 3939, "rate": 0.025 }, { "upTo": 5252, "rate": 0.03 }, { "upTo": 6565, "rate": 0.035 }, { "upTo": 7878, "rate": 0.04 }, { "upTo": 9191, "rate": 0.045 }, { "upTo": null, "rate": 0.047 } ], "stdDeductionMfj": 32200, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "2025 MFJ schedule (0%–4.7%); federal-conformity std deduction (derived from the federal figure, $32,200 MFJ for 2026); SS fully exempt (SB 190); no general retirement exclusion (means-tested private-pension exemption ignored); capital gains 100% deductible from 2025 (HB 594) → preferential income excluded, which also drops qualified dividends MO actually taxes (slight understatement)." } }, { "id": "state-tax-configs-nc", "label": "North Carolina: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-NC", "domainTitle": "North Carolina income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ncdor.gov/taxes-forms/individual-income-tax/tax-rate-schedules", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": { "code": "NC", "name": "North Carolina", "kind": "flat", "rate": 0.0399, "stdDeductionMfj": 25500, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "Flat 3.99% (TY2026 and after, Session Law 2023-134, down from 4.25% in 2025); $25,500 MFJ std deduction; SS exempt; no general retirement exclusion (the Bailey-settlement exemption for certain pre-1989 government plans is ignored); gains taxed as ordinary income." } }, { "id": "state-tax-configs-nh", "label": "New Hampshire: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-NH", "domainTitle": "New Hampshire income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.nh.gov/news-and-media/repeal-nh-interest-and-dividends-tax-now-effect", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "code": "NH", "name": "New Hampshire", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "No personal income tax; the legacy interest & dividends tax was repealed effective January 1, 2025." } }, { "id": "state-tax-configs-nj", "label": "New Jersey: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-NJ", "domainTitle": "New Jersey income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.nj.gov/treasury/taxation/njit7.shtml", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "NJ", "name": "New Jersey", "kind": "brackets", "brackets": [ { "upTo": 20000, "rate": 0.014 }, { "upTo": 50000, "rate": 0.0175 }, { "upTo": 70000, "rate": 0.0245 }, { "upTo": 80000, "rate": 0.035 }, { "upTo": 150000, "rate": 0.05525 }, { "upTo": 500000, "rate": 0.0637 }, { "upTo": 1000000, "rate": 0.0897 }, { "upTo": null, "rate": 0.1075 } ], "stdDeductionMfj": 0, "personalExemptionMfj": 2000, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "MFJ 1.4%–10.75% schedule; no std deduction, $1,000/person exemption; SS exempt; the retirement-income exclusion (up to $100,000 joint at 62+, only when total income ≤ $150,000, with 50%/25% tiers (MFJ) above $100k) is NOT modeled because the simulator cannot apply an income test to it; property-tax deduction ignored." } }, { "id": "state-tax-configs-nv", "label": "Nevada: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-NV", "domainTitle": "Nevada income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://tax.nv.gov/about-nevada-department-of-taxation/income-tax-in-nevada/", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "NV", "name": "Nevada", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "Nevada has no personal income tax." } }, { "id": "state-tax-configs-oh", "label": "Ohio: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-OH", "domainTitle": "Ohio income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://codes.ohio.gov/ohio-revised-code/section-5747.02", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": { "code": "OH", "name": "Ohio", "kind": "brackets", "brackets": [ { "upTo": 26050, "rate": 0 }, { "upTo": null, "rate": 0.0275, "plus": 332 } ], "stdDeductionMfj": 0, "personalExemptionMfj": 4800, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "TY2026+ (HB 96): $332 plus 2.75% of the excess above the $26,050 zero bracket (the former 3.5% top bracket above $100k was eliminated); $2,400/person exemption (income tiers ignored; HB 96 also caps the joint-filing credit and exemptions to MAGI ≤ $500,000, not modeled); SS exempt; retirement/senior credits (≤$200/$50) and school-district/municipal income taxes ignored." } }, { "id": "state-tax-configs-or", "label": "Oregon: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-OR", "domainTitle": "Oregon income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.oregon.gov/dor/forms/FormsPubs/publication-or-estimate_101-026_2026.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "OR", "name": "Oregon", "kind": "brackets", "brackets": [ { "upTo": 9100, "rate": 0.0475 }, { "upTo": 22800, "rate": 0.0675 }, { "upTo": 250000, "rate": 0.0875 }, { "upTo": null, "rate": 0.099 } ], "stdDeductionMfj": 5800, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "TY2026 MFJ brackets (4.75%–9.9%); $5,800 MFJ std deduction (single $2,900 = 50%; head of household is $4,650, not modeled separately); the $260/person exemption credit and federal-tax-liability subtraction (up to $8,750) are ignored; SS exempt; IRA/401(k) fully taxed (federal-pension subtraction and low-income retirement credit ignored); gains ordinary." } }, { "id": "state-tax-configs-sc", "label": "South Carolina: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-SC", "domainTitle": "South Carolina income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.scstatehouse.gov/sess126_2025-2026/bills/4216", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "SC", "name": "South Carolina", "kind": "brackets", "brackets": [ { "upTo": 30000, "rate": 0.0199 }, { "upTo": null, "rate": 0.0521 } ], "stdDeductionMfj": 30000, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 15000, "minAge": 65, "appliesTo": "all" }, "ltcgAsOrdinary": true, "perStatus": { "hoh": { "stdDeduction": 22500 } }, "notes": "TY2026+ (H.4216 / Act 110): two-rate schedule, 1.99% below $30,000 and 5.21% above (statutory \"5.21% × amount − $966\", algebraically the same two-bracket marginal schedule modeled here); SC now starts from federal AGI (decoupled from the federal standard/itemized deduction) and subtracts the new SCIAD instead: $30,000 MFJ, $22,500 HoH (overridden via perStatus), $15,000 single/MFS (= 50% of MFJ, the default derivation); SCIAD's income-based phase-out (fully gone by ~$95k/$142.5k/$190k AGI for single/HoH/MFJ) is NOT modeled, which overstates the deduction at higher retiree incomes. Unchanged by the act: SS exempt; $15,000/person net deduction at 65+, against any SC income including wages and investment income (the $15,000 age deduction reduced by the $10,000 retirement-income deduction claimed; under-65 $3,000 ignored); the 44% net-LTCG deduction is still ignored, so gains are modeled as fully ordinary. The $30,000 bracket breakpoint is statutorily indexed (S.C. Code §12-6-520: cumulative chained-CPI adjustment each December 15, capped at 4% a year, $10 rounding) and is held at its 2026 value here." } }, { "id": "state-tax-configs-sd", "label": "South Dakota: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-SD", "domainTitle": "South Dakota income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://dor.sd.gov/individuals/taxes/", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "SD", "name": "South Dakota", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "South Dakota has no personal income tax." } }, { "id": "state-tax-configs-tn", "label": "Tennessee: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-TN", "domainTitle": "Tennessee income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://taxfoundation.org/data/all/state/state-income-tax-rates-2026/", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": { "code": "TN", "name": "Tennessee", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "Tennessee has no personal income tax (the Hall tax on interest and dividends was fully repealed in 2021)." } }, { "id": "state-tax-configs-ut", "label": "Utah: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-UT", "domainTitle": "Utah income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://le.utah.gov/xcode/title59/chapter10/C59-10-S104_2026050620260506.pdf", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": { "code": "UT", "name": "Utah", "kind": "flat", "rate": 0.0445, "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": true, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "Flat 4.45% (TY2026, Chapter 250/S.B. 60, down from 4.50% in 2025, HB 106); deductions/exemptions exist only as a ~6% taxpayer tax credit that phases out with income, modeled as no deduction (overstates tax at low incomes); SS taxed (its credit phases out above ~$90k MFJ, so high incomes pay in full); retirement credit ignored; gains ordinary." } }, { "id": "state-tax-configs-va", "label": "Virginia: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-VA", "domainTitle": "Virginia income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://law.lis.virginia.gov/vacode/title58.1/chapter3/section58.1-322.03/", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "VA", "name": "Virginia", "kind": "brackets", "brackets": [ { "upTo": 3000, "rate": 0.02 }, { "upTo": 5000, "rate": 0.03 }, { "upTo": 17000, "rate": 0.05 }, { "upTo": null, "rate": 0.0575 } ], "stdDeductionMfj": 17500, "personalExemptionMfj": 1860, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": true, "notes": "2%–5.75% brackets (top at $17,000, not indexed); $17,500 MFJ std deduction (2025–2026, $8,750 single), $930/person exemption; SS exempt; the $12,000/person age-65 deduction is NOT modeled: it is reduced dollar-for-dollar by joint AFAGI over $75,000, so most simulated retirees would get $0." } }, { "id": "state-tax-configs-wa", "label": "Washington: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-WA", "domainTitle": "Washington income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://dor.wa.gov/taxes-rates/other-taxes/capital-gains-tax/do-you-owe-capital-gains-tax", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "code": "WA", "name": "Washington", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "No personal income tax. WA’s 7% capital-gains excise tax on long-term gains above an inflation-indexed standard deduction ($290,000 for 2026 per WA DOR), plus an extra 2.9% (9.9% total) on gains over $1,000,000 (RCW 82.87.040), is NOT modeled (the simulator cannot tax gains alone); understates tax for very large realizations." } }, { "id": "state-tax-configs-wi", "label": "Wisconsin: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-WI", "domainTitle": "Wisconsin income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.wi.gov/DOR%20Publications/pb126.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "code": "WI", "name": "Wisconsin", "kind": "brackets", "brackets": [ { "upTo": 19580, "rate": 0.035 }, { "upTo": 39150, "rate": 0.044 }, { "upTo": 431060, "rate": 0.053 }, { "upTo": null, "rate": 0.0765 } ], "stdDeductionMfj": 25110, "personalExemptionMfj": 1400, "ssTaxed": false, "retirementExclusionPerPerson": { "amount": 24000, "minAge": 67, "appliesTo": "pensionIra" }, "ltcgAsOrdinary": true, "notes": "2025 MFJ brackets (3.5%–7.65%); the $25,110 max MFJ std deduction is modeled flat but really phases to $0 as income rises, which understates tax at high incomes; $700/person exemption; SS exempt; new-for-2025 $24,000/person retirement exclusion at 67+ (claiming it forgoes WI credits, which is ignored); the 30% net-LTCG exclusion is ignored." } }, { "id": "state-tax-configs-wy", "label": "Wyoming: state income tax model", "description": "The simulator’s simplified version of this state’s income tax for retirees: rate or brackets, standard deduction, personal exemption, how Social Security and retirement-plan distributions are treated, and capital gains. Credits, local taxes and phase-outs are left out on purpose; the notes say what each state’s version keeps and drops.", "domain": "state-WY", "domainTitle": "Wyoming income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://taxfoundation.org/data/all/state/state-income-tax-rates-2026/", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": { "code": "WY", "name": "Wyoming", "kind": "none", "stdDeductionMfj": 0, "personalExemptionMfj": 0, "ssTaxed": false, "retirementExclusionPerPerson": null, "ltcgAsOrdinary": false, "notes": "Wyoming has no personal income tax." } }, { "id": "fed-ordinary-brackets-2026-mfj", "label": "Ordinary income tax brackets, 2026: married filing jointly", "description": "The marginal rate on each slice of taxable income (after deductions) for wages, pensions, IRA withdrawals and the taxable part of Social Security.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "Rev. Proc. 2025-32 §4.01 Table 1", "value": [ { "rate": 0.1, "upTo": 24800 }, { "rate": 0.12, "upTo": 100800 }, { "rate": 0.22, "upTo": 211400 }, { "rate": 0.24, "upTo": 403550 }, { "rate": 0.32, "upTo": 512450 }, { "rate": 0.35, "upTo": 768700 }, { "rate": 0.37, "upTo": null } ] }, { "id": "fed-ordinary-brackets-2026-single", "label": "Ordinary income tax brackets, 2026: single", "description": "The marginal rate on each slice of taxable income (after deductions) for wages, pensions, IRA withdrawals and the taxable part of Social Security.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "Rev. Proc. 2025-32 §4.01 Table 3", "value": [ { "rate": 0.1, "upTo": 12400 }, { "rate": 0.12, "upTo": 50400 }, { "rate": 0.22, "upTo": 105700 }, { "rate": 0.24, "upTo": 201775 }, { "rate": 0.32, "upTo": 256225 }, { "rate": 0.35, "upTo": 640600 }, { "rate": 0.37, "upTo": null } ] }, { "id": "fed-ordinary-brackets-2026-hoh", "label": "Ordinary income tax brackets, 2026: head of household", "description": "The marginal rate on each slice of taxable income (after deductions) for wages, pensions, IRA withdrawals and the taxable part of Social Security.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "Rev. Proc. 2025-32 §4.01 Table 2", "value": [ { "rate": 0.1, "upTo": 17700 }, { "rate": 0.12, "upTo": 67450 }, { "rate": 0.22, "upTo": 105700 }, { "rate": 0.24, "upTo": 201750 }, { "rate": 0.32, "upTo": 256200 }, { "rate": 0.35, "upTo": 640600 }, { "rate": 0.37, "upTo": null } ] }, { "id": "fed-ordinary-brackets-2026-mfs", "label": "Ordinary income tax brackets, 2026: married filing separately", "description": "The marginal rate on each slice of taxable income (after deductions) for wages, pensions, IRA withdrawals and the taxable part of Social Security.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "Rev. Proc. 2025-32 §4.01 Table 4", "value": [ { "rate": 0.1, "upTo": 12400 }, { "rate": 0.12, "upTo": 50400 }, { "rate": 0.22, "upTo": 105700 }, { "rate": 0.24, "upTo": 201775 }, { "rate": 0.32, "upTo": 256225 }, { "rate": 0.35, "upTo": 384350 }, { "rate": 0.37, "upTo": null } ] }, { "id": "std-deduction-2026-mfj", "label": "Standard deduction, 2026: married filing jointly", "description": "The standard deduction subtracted from income before the brackets apply, by filing status.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.14(1)", "value": 32200 }, { "id": "std-deduction-2026-single", "label": "Standard deduction, 2026: single", "description": "The standard deduction subtracted from income before the brackets apply, by filing status.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.14(1)", "value": 16100 }, { "id": "std-deduction-2026-hoh", "label": "Standard deduction, 2026: head of household", "description": "The standard deduction subtracted from income before the brackets apply, by filing status.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.14(1)", "value": 24150 }, { "id": "std-deduction-2026-mfs", "label": "Standard deduction, 2026: married filing separately", "description": "The standard deduction subtracted from income before the brackets apply, by filing status.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.14(1)", "value": 16100 }, { "id": "additional-std-deduction-aged-2026-mfj", "label": "Additional standard deduction for age 65 and over, 2026: married filing jointly", "description": "Extra standard deduction per qualifying person aged 65 or older (IRC section 63(f)); each spouse qualifies separately on a joint return. Blindness is not modeled.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§4.14(3)", "value": 1650 }, { "id": "additional-std-deduction-aged-2026-single", "label": "Additional standard deduction for age 65 and over, 2026: single", "description": "Extra standard deduction per qualifying person aged 65 or older (IRC section 63(f)); each spouse qualifies separately on a joint return. Blindness is not modeled.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§4.14(3)", "value": 2050 }, { "id": "additional-std-deduction-aged-2026-hoh", "label": "Additional standard deduction for age 65 and over, 2026: head of household", "description": "Extra standard deduction per qualifying person aged 65 or older (IRC section 63(f)); each spouse qualifies separately on a joint return. Blindness is not modeled.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§4.14(3)", "value": 2050 }, { "id": "additional-std-deduction-aged-2026-mfs", "label": "Additional standard deduction for age 65 and over, 2026: married filing separately", "description": "Extra standard deduction per qualifying person aged 65 or older (IRC section 63(f)); each spouse qualifies separately on a joint return. Blindness is not modeled.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§4.14(3)", "value": 1650 }, { "id": "aged-deduction-min-age", "label": "Age for the extra and senior deductions", "description": "Age by the end of the tax year at which the additional standard deduction and the temporary senior deduction begin.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.law.cornell.edu/uscode/text/26/151", "verified": true, "verifiedOn": "2026-11-11", "ref": "§151(d)(5)(C)(ii)", "value": 65 }, { "id": "senior-deduction", "label": "Temporary senior deduction, 2025 to 2028", "description": "The deduction for seniors added by P.L. 119-21 (IRC section 151(d)(5)(C)): a fixed amount per person aged 65 or older, reduced as income rises. Not indexed to inflation; not allowed for married filing separately.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.law.cornell.edu/uscode/text/26/151", "verified": true, "verifiedOn": "2026-11-11", "ref": "§151(d)(5)(C)(i)", "value": { "amountPerPerson": 6000, "firstTaxYear": 2025, "lastTaxYear": 2028, "phaseOutRate": 0.06, "magiThreshold": { "mfj": 150000, "single": 75000, "hoh": 75000, "mfs": null } } }, { "id": "ltcg-thresholds-2026-mfj", "label": "Capital gains rate thresholds, 2026: married filing jointly", "description": "Taxable-income levels where long-term capital gains and qualified dividends move from the 0% to the 15% to the 20% rate; they stack on top of ordinary taxable income.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.03", "value": { "zeroRateUpTo": 98900, "fifteenRateUpTo": 613700, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "ltcg-thresholds-2026-single", "label": "Capital gains rate thresholds, 2026: single", "description": "Taxable-income levels where long-term capital gains and qualified dividends move from the 0% to the 15% to the 20% rate; they stack on top of ordinary taxable income.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.03", "value": { "zeroRateUpTo": 49450, "fifteenRateUpTo": 545500, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "ltcg-thresholds-2026-hoh", "label": "Capital gains rate thresholds, 2026: head of household", "description": "Taxable-income levels where long-term capital gains and qualified dividends move from the 0% to the 15% to the 20% rate; they stack on top of ordinary taxable income.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.03", "value": { "zeroRateUpTo": 66200, "fifteenRateUpTo": 579600, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "ltcg-thresholds-2026-mfs", "label": "Capital gains rate thresholds, 2026: married filing separately", "description": "Taxable-income levels where long-term capital gains and qualified dividends move from the 0% to the 15% to the 20% rate; they stack on top of ordinary taxable income.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "§4.03", "value": { "zeroRateUpTo": 49450, "fifteenRateUpTo": 306850, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "niit-thresholds-mfj", "label": "Net investment income tax threshold: married filing jointly", "description": "Income above which the net investment income tax applies (IRC section 1411). Set by statute and not indexed to inflation.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/individuals/net-investment-income-tax", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 250000 }, { "id": "niit-thresholds-single", "label": "Net investment income tax threshold: single", "description": "Income above which the net investment income tax applies (IRC section 1411). Set by statute and not indexed to inflation.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/individuals/net-investment-income-tax", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 200000 }, { "id": "niit-thresholds-hoh", "label": "Net investment income tax threshold: head of household", "description": "Income above which the net investment income tax applies (IRC section 1411). Set by statute and not indexed to inflation.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/individuals/net-investment-income-tax", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 200000 }, { "id": "niit-thresholds-mfs", "label": "Net investment income tax threshold: married filing separately", "description": "Income above which the net investment income tax applies (IRC section 1411). Set by statute and not indexed to inflation.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/individuals/net-investment-income-tax", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 125000 }, { "id": "niit-rate", "label": "Net investment income tax rate", "description": "Rate of the net investment income tax on investment income above the threshold.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/individuals/net-investment-income-tax", "verified": true, "verifiedOn": null, "ref": null, "value": 0.038 }, { "id": "early-withdrawal-penalty-age", "label": "Age at which the early-withdrawal penalty ends", "description": "Retirement-account distributions before this age can carry the early-withdrawal penalty.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-exceptions-to-tax-on-early-distributions", "verified": true, "verifiedOn": null, "ref": null, "value": 59.5 }, { "id": "early-withdrawal-penalty-rate", "label": "Early-withdrawal penalty rate", "description": "Additional tax on early distributions from retirement accounts, on top of ordinary income tax.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-exceptions-to-tax-on-early-distributions", "verified": true, "verifiedOn": null, "ref": null, "value": 0.1 }, { "id": "ira-pro-rata-rule", "label": "Pro-rata rule for IRA basis (Form 8606)", "description": "When traditional IRAs hold after-tax basis, every conversion or withdrawal is part basis and part taxable, in the ratio of basis to the year-end value of all traditional, SEP and SIMPLE IRAs plus the year’s withdrawals and conversions. Used by the pro-rata calculator; the simulator does not track IRA basis.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-pdf/f8606.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "Form 8606 (2026) Part I lines 6–13; IRC §408(d)(2)", "value": { "aggregateAllIras": true, "valuedAtYearEnd": true, "ratioDecimals": 3, "ratioCap": 1 } }, { "id": "nua-tax-treatment", "label": "Net unrealized appreciation (NUA) on employer stock", "description": "When employer shares leave a workplace plan in a lump-sum distribution, the plan’s cost basis is taxed as ordinary income that year and the appreciation is taxed only when the shares are sold, as long-term gain. Used by the NUA calculator; the simulator does not model the election.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/publications/p575", "verified": true, "verifiedOn": "2026-11-11", "ref": "Pub 575 (2025), Distributions of employer securities; Lump-Sum Distributions", "value": { "basisTaxedAtDistribution": true, "nuaAlwaysLongTerm": true } }, { "id": "nua-excluded-from-niit", "label": "NUA excluded from the net investment income tax", "description": "The NUA part of a sale of distributed employer shares is not net investment income; appreciation after the distribution is. Used by the NUA calculator.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.law.cornell.edu/cfr/text/26/1.1411-8", "verified": true, "verifiedOn": "2026-11-11", "ref": "Treas. Reg. §1.1411-8(b)(4)(ii)", "value": true }, { "id": "fed-ordinary-brackets-2027-mfj", "label": "Ordinary income tax brackets, 2027: married filing jointly", "description": "The marginal rate on each slice of taxable income for 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "Rev. Proc. 2026-35 §3.01 Table 1", "value": [ { "rate": 0.1, "upTo": 25600 }, { "rate": 0.12, "upTo": 104050 }, { "rate": 0.22, "upTo": 218250 }, { "rate": 0.24, "upTo": 416650 }, { "rate": 0.32, "upTo": 529100 }, { "rate": 0.35, "upTo": 793650 }, { "rate": 0.37, "upTo": null } ] }, { "id": "fed-ordinary-brackets-2027-single", "label": "Ordinary income tax brackets, 2027: single", "description": "The marginal rate on each slice of taxable income for 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "Rev. Proc. 2026-35 §3.01 Table 3", "value": [ { "rate": 0.1, "upTo": 12800 }, { "rate": 0.12, "upTo": 52025 }, { "rate": 0.22, "upTo": 109125 }, { "rate": 0.24, "upTo": 208325 }, { "rate": 0.32, "upTo": 264550 }, { "rate": 0.35, "upTo": 661375 }, { "rate": 0.37, "upTo": null } ] }, { "id": "fed-ordinary-brackets-2027-hoh", "label": "Ordinary income tax brackets, 2027: head of household", "description": "The marginal rate on each slice of taxable income for 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "Rev. Proc. 2026-35 §3.01 Table 2", "value": [ { "rate": 0.1, "upTo": 18250 }, { "rate": 0.12, "upTo": 69650 }, { "rate": 0.22, "upTo": 109100 }, { "rate": 0.24, "upTo": 208300 }, { "rate": 0.32, "upTo": 264550 }, { "rate": 0.35, "upTo": 661350 }, { "rate": 0.37, "upTo": null } ] }, { "id": "fed-ordinary-brackets-2027-mfs", "label": "Ordinary income tax brackets, 2027: married filing separately", "description": "The marginal rate on each slice of taxable income for 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "Rev. Proc. 2026-35 §3.01 Table 4", "value": [ { "rate": 0.1, "upTo": 12800 }, { "rate": 0.12, "upTo": 52025 }, { "rate": 0.22, "upTo": 109125 }, { "rate": 0.24, "upTo": 208325 }, { "rate": 0.32, "upTo": 264550 }, { "rate": 0.35, "upTo": 396825 }, { "rate": 0.37, "upTo": null } ] }, { "id": "std-deduction-2027-mfj", "label": "Standard deduction, 2027: married filing jointly", "description": "The 2027 standard deduction by filing status. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(1)", "value": 33200 }, { "id": "std-deduction-2027-single", "label": "Standard deduction, 2027: single", "description": "The 2027 standard deduction by filing status. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(1)", "value": 16600 }, { "id": "std-deduction-2027-hoh", "label": "Standard deduction, 2027: head of household", "description": "The 2027 standard deduction by filing status. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(1)", "value": 24925 }, { "id": "std-deduction-2027-mfs", "label": "Standard deduction, 2027: married filing separately", "description": "The 2027 standard deduction by filing status. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(1)", "value": 16600 }, { "id": "additional-std-deduction-aged-2027-mfj", "label": "Additional standard deduction for age 65 and over, 2027: married filing jointly", "description": "Extra standard deduction per qualifying person aged 65 or older, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(3)", "value": 1700 }, { "id": "additional-std-deduction-aged-2027-single", "label": "Additional standard deduction for age 65 and over, 2027: single", "description": "Extra standard deduction per qualifying person aged 65 or older, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(3)", "value": 2100 }, { "id": "additional-std-deduction-aged-2027-hoh", "label": "Additional standard deduction for age 65 and over, 2027: head of household", "description": "Extra standard deduction per qualifying person aged 65 or older, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(3)", "value": 2100 }, { "id": "additional-std-deduction-aged-2027-mfs", "label": "Additional standard deduction for age 65 and over, 2027: married filing separately", "description": "Extra standard deduction per qualifying person aged 65 or older, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.15(3)", "value": 1700 }, { "id": "ltcg-thresholds-2027-mfj", "label": "Capital gains rate thresholds, 2027: married filing jointly", "description": "Taxable-income levels where capital gains rates step from 0% to 15% to 20%, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.03", "value": { "zeroRateUpTo": 102100, "fifteenRateUpTo": 633600, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "ltcg-thresholds-2027-single", "label": "Capital gains rate thresholds, 2027: single", "description": "Taxable-income levels where capital gains rates step from 0% to 15% to 20%, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.03", "value": { "zeroRateUpTo": 51050, "fifteenRateUpTo": 563200, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "ltcg-thresholds-2027-hoh", "label": "Capital gains rate thresholds, 2027: head of household", "description": "Taxable-income levels where capital gains rates step from 0% to 15% to 20%, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.03", "value": { "zeroRateUpTo": 68350, "fifteenRateUpTo": 598400, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "ltcg-thresholds-2027-mfs", "label": "Capital gains rate thresholds, 2027: married filing separately", "description": "Taxable-income levels where capital gains rates step from 0% to 15% to 20%, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.03", "value": { "zeroRateUpTo": 51050, "fifteenRateUpTo": 316800, "rates": { "zero": 0, "middle": 0.15, "top": 0.2 } } }, { "id": "limit-401k-employee-2026", "label": "401(k) and 403(b) employee deferral limit, 2026", "description": "Most an employee can defer into a 401(k) or 403(b) in 2026, before catch-up amounts.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/n-25-67.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 24500 }, { "id": "limit-401k-catchup-50-2026", "label": "401(k) catch-up limit for age 50 and over, 2026", "description": "Extra 401(k) deferral allowed from age 50, except at ages 60 to 63, which have a higher catch-up.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/n-25-67.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 8000 }, { "id": "limit-401k-catchup-60-63-2026", "label": "401(k) catch-up limit for ages 60 to 63, 2026", "description": "Higher extra 401(k) deferral allowed in the years you are 60, 61, 62 or 63, if your plan offers it.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/newsroom/401k-limit-increases-to-24500-for-2026-ira-limit-increases-to-7500", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": 11250 }, { "id": "limit-401k-total-415c-2026", "label": "Total defined-contribution limit (section 415(c)), 2026", "description": "Cap on all employee and employer contributions to one plan; it limits after-tax (mega-backdoor Roth) contributions.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/n-25-67.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 72000 }, { "id": "limit-ira-2026", "label": "IRA contribution limit, 2026", "description": "Combined traditional and Roth IRA contribution limit, which also caps backdoor Roth contributions.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/n-25-67.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 7500 }, { "id": "limit-ira-catchup-2026", "label": "IRA catch-up limit for age 50 and over, 2026", "description": "Extra IRA contribution allowed from age 50.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/n-25-67.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 1100 }, { "id": "limit-hsa-family-2026", "label": "HSA limit, family coverage, 2026", "description": "Health savings account contribution limit with family coverage.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-19.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 8750 }, { "id": "limit-hsa-self-2026", "label": "HSA limit, self-only coverage, 2026", "description": "Health savings account contribution limit with self-only coverage.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-19.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 4400 }, { "id": "limit-hsa-catchup-55", "label": "HSA catch-up limit for age 55 and over", "description": "Extra HSA contribution from age 55. Fixed by statute, not indexed.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-19.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 1000 }, { "id": "annual-gift-exclusion-2026", "label": "Annual gift-tax exclusion, 2026", "description": "Amount one person can give to any one recipient in a year without a gift-tax return. A couple splitting gifts can give twice this. The simulator only shows an informational note; it never computes gift tax.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-32.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": 19000 }, { "id": "estate-tax-exemption-2026", "label": "Federal estate and lifetime gift exclusion, 2026", "description": "Basic exclusion per person set by the One Big Beautiful Bill Act. The simulator flags a final estate above it; estate tax itself is not computed.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/newsroom/irs-releases-tax-inflation-adjustments-for-tax-year-2026-including-amendments-from-the-one-big-beautiful-bill", "verified": true, "verifiedOn": null, "ref": null, "value": 15000000 }, { "id": "limit-hsa-family-2027", "label": "HSA limit, family coverage, 2027", "description": "Health savings account contribution limit with family coverage, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-24.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.01(1)", "value": 9000 }, { "id": "limit-hsa-self-2027", "label": "HSA limit, self-only coverage, 2027", "description": "Health savings account contribution limit with self-only coverage, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-24.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.01(1)", "value": 4500 }, { "id": "hdhp-2027", "label": "HSA-qualifying health plan (HDHP) limits, 2027", "description": "The lowest deductible and highest out-of-pocket maximum a health plan can have and still let you contribute to an HSA, 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-24.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.01(3)", "value": { "minDeductible": { "self": 1750, "family": 3500 }, "maxOutOfPocket": { "self": 8700, "family": 17400 } } }, { "id": "hdhp-2026", "label": "HSA-qualifying health plan (HDHP) limits, 2026", "description": "The lowest deductible and highest out-of-pocket maximum a health plan can have and still let you contribute to an HSA, 2026. Shown on the year pages; the simulator does not model plan eligibility.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-19.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§2.01(2)", "value": { "minDeductible": { "self": 1700, "family": 3400 }, "maxOutOfPocket": { "self": 8500, "family": 17000 } } }, { "id": "plan-limit-details-2026", "label": "Other retirement-plan figures, 2026", "description": "The age 60–63 catch-up, the plan compensation cap, the wage line above which catch-ups must be Roth, IRA deduction and Roth IRA income phase-out ranges, and SIMPLE plan limits for 2026. Shown on the year pages; the simulator does not use them.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/n-25-67.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "Notice 2025-67, §§414(v)(2)(E)(i), 414(v)(7)(A), 401(a)(17), 219(g), 408A(c)(3), 408(p)", "value": { "superCatchup6063": 11250, "compensationLimit": 360000, "rothCatchupWageThreshold": 150000, "iraDeductionPhaseout": { "singleCovered": [ 81000, 91000 ], "mfjContributorCovered": [ 129000, 149000 ], "mfjSpouseCovered": [ 242000, 252000 ] }, "rothPhaseout": { "single": [ 153000, 168000 ], "mfj": [ 242000, 252000 ], "mfs": [ 0, 10000 ] }, "simple": { "deferral": 17000, "deferralSmallEmployer": 18100, "catchup50": 4000, "catchup6063": 5250 } } }, { "id": "annual-gift-exclusion-2027", "label": "Annual gift-tax exclusion, 2027", "description": "Amount one person can give to any one recipient in 2027 without a gift-tax return. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.46(1)", "value": 20000 }, { "id": "estate-tax-exemption-2027", "label": "Federal estate and lifetime gift exclusion, 2027", "description": "Basic exclusion amount per person for 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-35.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "§3.44", "value": 15480000 }, { "id": "ss-full-retirement-age", "label": "Full retirement age (born 1960 or later)", "description": "The age at which an unreduced Social Security retirement benefit is payable, for everyone born in 1960 or later.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ssa.gov/benefits/retirement/planner/agereduction.html", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 67 }, { "id": "ss-full-retirement-age-months-by-birth-year", "label": "Full retirement age by birth year (1943 to 1959)", "description": "Full retirement age for earlier cohorts, which rises by two months a year before settling at 67.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ssa.gov/benefits/retirement/planner/agereduction.html", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": [ { "throughBirthYear": 1954, "fraMonths": 792 }, { "throughBirthYear": 1955, "fraMonths": 794 }, { "throughBirthYear": 1956, "fraMonths": 796 }, { "throughBirthYear": 1957, "fraMonths": 798 }, { "throughBirthYear": 1958, "fraMonths": 800 }, { "throughBirthYear": 1959, "fraMonths": 802 } ] }, { "id": "ss-claim-factors-fra67", "label": "Benefit adjustment for claiming age (full retirement age 67)", "description": "Share of the full-retirement-age benefit paid when claiming at each whole age, exact under the statutory monthly formula.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/quickcalc/early_late.html", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "62": 0.7, "63": 0.75, "64": 0.8, "65": 0.8667, "66": 0.9333, "67": 1, "68": 1.08, "69": 1.16, "70": 1.24 } }, { "id": "ss-monthly-adjustment-formula", "label": "Monthly early-claiming reduction and delayed credit", "description": "The statutory monthly formula behind claiming at ages that are not whole years.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/quickcalc/early_late.html", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": { "earlyFirst36MonthlyReduction": 0.005555555555555556, "earlyBeyond36MonthlyReduction": 0.004166666666666667, "delayedMonthlyCredit": 0.006666666666666666, "maxClaimAge": 70, "minClaimAge": 62 } }, { "id": "ss-survivor-min-age", "label": "Earliest age for survivor benefits", "description": "Youngest age for a widow or widower benefit without a disability or a child in care.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ssa.gov/survivor/eligibility", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": 60 }, { "id": "ss-widow-limit-pia-share", "label": "Survivor benefit floor after an early claim", "description": "When the spouse who died had claimed early, the survivor benefit is held to the larger of that reduced benefit or this share of the full benefit.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.law.cornell.edu/uscode/text/42/402", "verified": true, "verifiedOn": "2026-11-11", "ref": "42 U.S.C. §402(e)(2)(D)(ii)", "value": 0.825 }, { "id": "ss-survivor-factor-at-min-age", "label": "Survivor benefit at the earliest age", "description": "Share of the deceased spouse’s benefit paid at the earliest age; it rises to 100% at full retirement age.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ssa.gov/survivor/amount", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": 0.715 }, { "id": "ss-taxability-thresholds-mfj", "label": "Income levels where Social Security becomes taxable: married filing jointly", "description": "Provisional-income thresholds above which up to 50% and then up to 85% of benefits are taxable (IRC section 86). Not indexed. Married filing separately is modeled as living with the spouse, which makes benefits taxable from the first dollar.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-pdf/p915.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "IRC §86", "value": { "tier1": 32000, "tier2": 44000, "tier1InclusionRate": 0.5, "tier2InclusionRate": 0.85 } }, { "id": "ss-taxability-thresholds-single", "label": "Income levels where Social Security becomes taxable: single", "description": "Provisional-income thresholds above which up to 50% and then up to 85% of benefits are taxable (IRC section 86). Not indexed. Married filing separately is modeled as living with the spouse, which makes benefits taxable from the first dollar.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-pdf/p915.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "Pub 915", "value": { "tier1": 25000, "tier2": 34000, "tier1InclusionRate": 0.5, "tier2InclusionRate": 0.85 } }, { "id": "ss-taxability-thresholds-hoh", "label": "Income levels where Social Security becomes taxable: head of household", "description": "Provisional-income thresholds above which up to 50% and then up to 85% of benefits are taxable (IRC section 86). Not indexed. Married filing separately is modeled as living with the spouse, which makes benefits taxable from the first dollar.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-pdf/p915.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "Pub 915", "value": { "tier1": 25000, "tier2": 34000, "tier1InclusionRate": 0.5, "tier2InclusionRate": 0.85 } }, { "id": "ss-taxability-thresholds-mfs", "label": "Income levels where Social Security becomes taxable: married filing separately", "description": "Provisional-income thresholds above which up to 50% and then up to 85% of benefits are taxable (IRC section 86). Not indexed. Married filing separately is modeled as living with the spouse, which makes benefits taxable from the first dollar.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-pdf/p915.pdf", "verified": true, "verifiedOn": "2026-07-12", "ref": "IRC §86(c)", "value": { "tier1": 0, "tier2": 0, "tier1InclusionRate": 0.5, "tier2InclusionRate": 0.85 } }, { "id": "ssa-period-life-qx-2021", "label": "Death probabilities by age (SSA 2021 period life table)", "description": "One-year death probabilities for men and women, used only for the survival overlay on the charts; they do not affect the simulation.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2021, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/STATS/table4c6_2021_TR2024.html", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": [ { "age": 0, "maleQx": 0.00586, "femaleQx": 0.005063 }, { "age": 1, "maleQx": 0.00042, "femaleQx": 0.000393 }, { "age": 2, "maleQx": 0.000272, "femaleQx": 0.000223 }, { "age": 3, "maleQx": 0.000225, "femaleQx": 0.000177 }, { "age": 4, "maleQx": 0.000184, "femaleQx": 0.000144 }, { "age": 5, "maleQx": 0.000157, "femaleQx": 0.000122 }, { "age": 6, "maleQx": 0.00014, "femaleQx": 0.000109 }, { "age": 7, "maleQx": 0.000128, "femaleQx": 0.000102 }, { "age": 8, "maleQx": 0.000122, "femaleQx": 0.000098 }, { "age": 9, "maleQx": 0.000123, "femaleQx": 0.000097 }, { "age": 10, "maleQx": 0.000129, "femaleQx": 0.000103 }, { "age": 11, "maleQx": 0.000138, "femaleQx": 0.000113 }, { "age": 12, "maleQx": 0.000164, "femaleQx": 0.000131 }, { "age": 13, "maleQx": 0.00022, "femaleQx": 0.000157 }, { "age": 14, "maleQx": 0.00031, "femaleQx": 0.00019 }, { "age": 15, "maleQx": 0.000446, "femaleQx": 0.000233 }, { "age": 16, "maleQx": 0.000637, "femaleQx": 0.000291 }, { "age": 17, "maleQx": 0.000868, "femaleQx": 0.000355 }, { "age": 18, "maleQx": 0.0011, "femaleQx": 0.000418 }, { "age": 19, "maleQx": 0.00127, "femaleQx": 0.000461 }, { "age": 20, "maleQx": 0.001373, "femaleQx": 0.000507 }, { "age": 21, "maleQx": 0.001488, "femaleQx": 0.000556 }, { "age": 22, "maleQx": 0.001605, "femaleQx": 0.00061 }, { "age": 23, "maleQx": 0.001714, "femaleQx": 0.000666 }, { "age": 24, "maleQx": 0.001835, "femaleQx": 0.000722 }, { "age": 25, "maleQx": 0.001963, "femaleQx": 0.000775 }, { "age": 26, "maleQx": 0.002082, "femaleQx": 0.000831 }, { "age": 27, "maleQx": 0.002202, "femaleQx": 0.000889 }, { "age": 28, "maleQx": 0.00233, "femaleQx": 0.000952 }, { "age": 29, "maleQx": 0.002457, "femaleQx": 0.001025 }, { "age": 30, "maleQx": 0.002574, "femaleQx": 0.001104 }, { "age": 31, "maleQx": 0.002683, "femaleQx": 0.001192 }, { "age": 32, "maleQx": 0.002787, "femaleQx": 0.001289 }, { "age": 33, "maleQx": 0.002881, "femaleQx": 0.001383 }, { "age": 34, "maleQx": 0.002974, "femaleQx": 0.001465 }, { "age": 35, "maleQx": 0.003074, "femaleQx": 0.001544 }, { "age": 36, "maleQx": 0.003175, "femaleQx": 0.001626 }, { "age": 37, "maleQx": 0.003295, "femaleQx": 0.001719 }, { "age": 38, "maleQx": 0.003444, "femaleQx": 0.001824 }, { "age": 39, "maleQx": 0.003608, "femaleQx": 0.00194 }, { "age": 40, "maleQx": 0.00378, "femaleQx": 0.002066 }, { "age": 41, "maleQx": 0.003958, "femaleQx": 0.002202 }, { "age": 42, "maleQx": 0.004144, "femaleQx": 0.002351 }, { "age": 43, "maleQx": 0.004337, "femaleQx": 0.002482 }, { "age": 44, "maleQx": 0.00454, "femaleQx": 0.002622 }, { "age": 45, "maleQx": 0.004774, "femaleQx": 0.002789 }, { "age": 46, "maleQx": 0.005064, "femaleQx": 0.002994 }, { "age": 47, "maleQx": 0.005399, "femaleQx": 0.003219 }, { "age": 48, "maleQx": 0.005796, "femaleQx": 0.003467 }, { "age": 49, "maleQx": 0.006214, "femaleQx": 0.003729 }, { "age": 50, "maleQx": 0.006671, "femaleQx": 0.004011 }, { "age": 51, "maleQx": 0.007167, "femaleQx": 0.004306 }, { "age": 52, "maleQx": 0.007736, "femaleQx": 0.004634 }, { "age": 53, "maleQx": 0.008351, "femaleQx": 0.004981 }, { "age": 54, "maleQx": 0.009035, "femaleQx": 0.00537 }, { "age": 55, "maleQx": 0.00977, "femaleQx": 0.005831 }, { "age": 56, "maleQx": 0.010567, "femaleQx": 0.006326 }, { "age": 57, "maleQx": 0.011398, "femaleQx": 0.006837 }, { "age": 58, "maleQx": 0.012291, "femaleQx": 0.007399 }, { "age": 59, "maleQx": 0.013224, "femaleQx": 0.008033 }, { "age": 60, "maleQx": 0.014267, "femaleQx": 0.008687 }, { "age": 61, "maleQx": 0.015353, "femaleQx": 0.009411 }, { "age": 62, "maleQx": 0.016484, "femaleQx": 0.010139 }, { "age": 63, "maleQx": 0.017617, "femaleQx": 0.010849 }, { "age": 64, "maleQx": 0.018759, "femaleQx": 0.01155 }, { "age": 65, "maleQx": 0.019914, "femaleQx": 0.012216 }, { "age": 66, "maleQx": 0.021104, "femaleQx": 0.012952 }, { "age": 67, "maleQx": 0.022423, "femaleQx": 0.013844 }, { "age": 68, "maleQx": 0.023847, "femaleQx": 0.014863 }, { "age": 69, "maleQx": 0.025357, "femaleQx": 0.016028 }, { "age": 70, "maleQx": 0.02705, "femaleQx": 0.017329 }, { "age": 71, "maleQx": 0.02897, "femaleQx": 0.018859 }, { "age": 72, "maleQx": 0.031188, "femaleQx": 0.020609 }, { "age": 73, "maleQx": 0.033754, "femaleQx": 0.02262 }, { "age": 74, "maleQx": 0.036747, "femaleQx": 0.024958 }, { "age": 75, "maleQx": 0.040563, "femaleQx": 0.027906 }, { "age": 76, "maleQx": 0.044308, "femaleQx": 0.030925 }, { "age": 77, "maleQx": 0.048498, "femaleQx": 0.03414 }, { "age": 78, "maleQx": 0.053229, "femaleQx": 0.03762 }, { "age": 79, "maleQx": 0.058778, "femaleQx": 0.041725 }, { "age": 80, "maleQx": 0.064617, "femaleQx": 0.046324 }, { "age": 81, "maleQx": 0.070947, "femaleQx": 0.051334 }, { "age": 82, "maleQx": 0.077834, "femaleQx": 0.056911 }, { "age": 83, "maleQx": 0.085686, "femaleQx": 0.063279 }, { "age": 84, "maleQx": 0.094809, "femaleQx": 0.070704 }, { "age": 85, "maleQx": 0.10509, "femaleQx": 0.079184 }, { "age": 86, "maleQx": 0.116592, "femaleQx": 0.088697 }, { "age": 87, "maleQx": 0.129306, "femaleQx": 0.09924 }, { "age": 88, "maleQx": 0.142732, "femaleQx": 0.11048 }, { "age": 89, "maleQx": 0.157638, "femaleQx": 0.123078 }, { "age": 90, "maleQx": 0.174458, "femaleQx": 0.137152 }, { "age": 91, "maleQx": 0.193027, "femaleQx": 0.152605 }, { "age": 92, "maleQx": 0.21293, "femaleQx": 0.169494 }, { "age": 93, "maleQx": 0.232657, "femaleQx": 0.187623 }, { "age": 94, "maleQx": 0.251826, "femaleQx": 0.206647 }, { "age": 95, "maleQx": 0.270943, "femaleQx": 0.22589 }, { "age": 96, "maleQx": 0.289756, "femaleQx": 0.245054 }, { "age": 97, "maleQx": 0.307998, "femaleQx": 0.263815 }, { "age": 98, "maleQx": 0.325393, "femaleQx": 0.281828 }, { "age": 99, "maleQx": 0.341662, "femaleQx": 0.298738 }, { "age": 100, "maleQx": 0.358746, "femaleQx": 0.316662 }, { "age": 101, "maleQx": 0.376683, "femaleQx": 0.335662 }, { "age": 102, "maleQx": 0.395517, "femaleQx": 0.355802 }, { "age": 103, "maleQx": 0.415293, "femaleQx": 0.37715 }, { "age": 104, "maleQx": 0.436058, "femaleQx": 0.399779 }, { "age": 105, "maleQx": 0.45786, "femaleQx": 0.423766 }, { "age": 106, "maleQx": 0.480753, "femaleQx": 0.449192 }, { "age": 107, "maleQx": 0.504791, "femaleQx": 0.476143 }, { "age": 108, "maleQx": 0.530031, "femaleQx": 0.504712 }, { "age": 109, "maleQx": 0.556532, "femaleQx": 0.534994 }, { "age": 110, "maleQx": 0.584359, "femaleQx": 0.567094 }, { "age": 111, "maleQx": 0.613577, "femaleQx": 0.60112 }, { "age": 112, "maleQx": 0.644256, "femaleQx": 0.637187 }, { "age": 113, "maleQx": 0.676468, "femaleQx": 0.675418 }, { "age": 114, "maleQx": 0.710292, "femaleQx": 0.710292 }, { "age": 115, "maleQx": 0.745806, "femaleQx": 0.745806 }, { "age": 116, "maleQx": 0.783097, "femaleQx": 0.783097 }, { "age": 117, "maleQx": 0.822251, "femaleQx": 0.822251 }, { "age": 118, "maleQx": 0.863364, "femaleQx": 0.863364 }, { "age": 119, "maleQx": 0.906532, "femaleQx": 0.906532 } ] }, { "id": "ss-wage-base-2027", "label": "Social Security taxable maximum, 2027", "description": "Earnings above this are not subject to the Social Security payroll tax or counted for benefits. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/cola/cbb.html", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": 192300 }, { "id": "ss-pia-bend-points-2027", "label": "Benefit formula bend points, 2027", "description": "The monthly average-earnings amounts at which the benefit formula’s percentage steps down. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/cola/piaformula.html", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "first": 1340, "second": 8077 } }, { "id": "ss-cola-2027", "label": "Cost-of-living adjustment effective December 2026", "description": "Benefit increase for December 2026, payable from January 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/cola/latestCOLA.html", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": 0.036 }, { "id": "ss-earnings-test-exempt-2027", "label": "Earnings-test exempt amounts, 2027", "description": "Annual earnings a person claiming before full retirement age can have before benefits are withheld. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/cola/rtea.html", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": { "underFraAllYear": 25560, "yearOfFra": 67920 } }, { "id": "ss-wage-base-2026", "label": "Social Security taxable maximum, 2026", "description": "Earnings above this are not subject to the Social Security payroll tax or counted for benefits, 2026. Shown beside 2027 on the year pages.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/cola/cbb.html", "verified": true, "verifiedOn": "2026-11-11", "ref": "Contribution and benefit bases, 1937-2027 table, 2026 row", "value": 184500 }, { "id": "ss-pia-bend-points-2026", "label": "Benefit formula bend points, 2026", "description": "The monthly average-earnings amounts at which the benefit formula’s percentage steps down, 2026. Shown beside 2027 on the year pages.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/cola/bendpoints.html", "verified": true, "verifiedOn": "2026-11-11", "ref": "PIA formula bend points table, 2026 row", "value": { "first": 1286, "second": 7749 } }, { "id": "ss-earnings-test-exempt-2026", "label": "Earnings-test exempt amounts, 2026", "description": "Annual earnings a person claiming before full retirement age can have before benefits are withheld, 2026. Shown beside 2027 on the year pages.", "domain": "social-security", "domainTitle": "Social Security", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.ssa.gov/oact/cola/rtea.html", "verified": true, "verifiedOn": "2026-11-11", "ref": "Annual Retirement Earnings Test Exempt Amounts table, 2026 row", "value": { "underFraAllYear": 24480, "yearOfFra": 65160 } }, { "id": "part-b-standard-monthly-2026", "label": "Medicare Part B standard premium, 2026", "description": "The standard monthly Part B premium before any income-related surcharge.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.cms.gov/newsroom/fact-sheets/2026-medicare-parts-b-premiums-deductibles", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 202.9 }, { "id": "part-d-base-monthly-2026", "label": "Medicare Part D base beneficiary premium, 2026", "description": "The national base monthly Part D premium that income-related surcharges are added to.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.cms.gov/newsroom/fact-sheets/2026-medicare-part-d-bid-information-and-part-d-premium-stabilization-demonstration-parameters", "verified": true, "verifiedOn": "2026-07-13", "ref": null, "value": 38.99 }, { "id": "irmaa-tiers-2026-mfj", "label": "Medicare income-related surcharges (IRMAA), 2026: married filing jointly", "description": "Monthly Part B and Part D surcharges by income tier, per person. A tier applies when income from two years earlier exceeds its threshold. Single and head of household share one table; married filing separately uses the special table for people who lived with their spouse.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.cms.gov/newsroom/fact-sheets/2026-medicare-parts-b-premiums-deductibles", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": [ { "magiAbove": 218000, "partBMonthlySurcharge": 81.2, "partDMonthlySurcharge": 14.5 }, { "magiAbove": 274000, "partBMonthlySurcharge": 202.9, "partDMonthlySurcharge": 37.5 }, { "magiAbove": 342000, "partBMonthlySurcharge": 324.6, "partDMonthlySurcharge": 60.4 }, { "magiAbove": 410000, "partBMonthlySurcharge": 446.3, "partDMonthlySurcharge": 83.3 }, { "magiAbove": 750000, "partBMonthlySurcharge": 487, "partDMonthlySurcharge": 91 } ] }, { "id": "irmaa-tiers-2026-single", "label": "Medicare income-related surcharges (IRMAA), 2026: single", "description": "Monthly Part B and Part D surcharges by income tier, per person. A tier applies when income from two years earlier exceeds its threshold. Single and head of household share one table; married filing separately uses the special table for people who lived with their spouse.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.cms.gov/newsroom/fact-sheets/2026-medicare-parts-b-premiums-deductibles", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": [ { "magiAbove": 109000, "partBMonthlySurcharge": 81.2, "partDMonthlySurcharge": 14.5 }, { "magiAbove": 137000, "partBMonthlySurcharge": 202.9, "partDMonthlySurcharge": 37.5 }, { "magiAbove": 171000, "partBMonthlySurcharge": 324.6, "partDMonthlySurcharge": 60.4 }, { "magiAbove": 205000, "partBMonthlySurcharge": 446.3, "partDMonthlySurcharge": 83.3 }, { "magiAbove": 500000, "partBMonthlySurcharge": 487, "partDMonthlySurcharge": 91 } ] }, { "id": "irmaa-tiers-2026-hoh", "label": "Medicare income-related surcharges (IRMAA), 2026: head of household", "description": "Monthly Part B and Part D surcharges by income tier, per person. A tier applies when income from two years earlier exceeds its threshold. Single and head of household share one table; married filing separately uses the special table for people who lived with their spouse.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.cms.gov/newsroom/fact-sheets/2026-medicare-parts-b-premiums-deductibles", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": [ { "magiAbove": 109000, "partBMonthlySurcharge": 81.2, "partDMonthlySurcharge": 14.5 }, { "magiAbove": 137000, "partBMonthlySurcharge": 202.9, "partDMonthlySurcharge": 37.5 }, { "magiAbove": 171000, "partBMonthlySurcharge": 324.6, "partDMonthlySurcharge": 60.4 }, { "magiAbove": 205000, "partBMonthlySurcharge": 446.3, "partDMonthlySurcharge": 83.3 }, { "magiAbove": 500000, "partBMonthlySurcharge": 487, "partDMonthlySurcharge": 91 } ] }, { "id": "irmaa-tiers-2026-mfs", "label": "Medicare income-related surcharges (IRMAA), 2026: married filing separately", "description": "Monthly Part B and Part D surcharges by income tier, per person. A tier applies when income from two years earlier exceeds its threshold. Single and head of household share one table; married filing separately uses the special table for people who lived with their spouse.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.cms.gov/newsroom/fact-sheets/2026-medicare-parts-b-premiums-deductibles", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": [ { "magiAbove": 109000, "partBMonthlySurcharge": 446.3, "partDMonthlySurcharge": 83.3 }, { "magiAbove": 391000, "partBMonthlySurcharge": 487, "partDMonthlySurcharge": 91 } ] }, { "id": "irmaa-lookback-years", "label": "IRMAA income lookback", "description": "IRMAA is set by income from this many years before the premium year.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": null, "basis": "law", "sourceUrl": "https://www.ssa.gov/benefits/medicare/medicare-premiums.html", "verified": true, "verifiedOn": null, "ref": null, "value": 2 }, { "id": "part-d-base-monthly-2027", "label": "Medicare Part D base beneficiary premium, 2027", "description": "The 2027 national base monthly Part D premium. The 2027 Part B premium and IRMAA tiers are not yet published. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.cms.gov/newsroom/fact-sheets/medicare-part-d-2027-national-average-monthly-bid-amount-information", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": 41.33 }, { "id": "fpl-household-of-1", "label": "Federal poverty level, household of 1", "description": "The 2025 HHS poverty guideline (48 contiguous states); plan-year 2026 subsidies use the prior year’s guideline.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.federalregister.gov/documents/2025/01/17/2025-01377/annual-update-of-the-hhs-poverty-guidelines", "verified": true, "verifiedOn": "2026-07-12", "ref": "Federal Register doc 2025-01377", "value": 15650 }, { "id": "fpl-household-of-2", "label": "Federal poverty level, household of 2", "description": "The 2025 HHS poverty guideline for two people (48 contiguous states).", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.federalregister.gov/documents/2025/01/17/2025-01377/annual-update-of-the-hhs-poverty-guidelines", "verified": true, "verifiedOn": "2026-11-11", "ref": null, "value": 21150 }, { "id": "fpl-additional-person", "label": "Poverty level, each additional household member", "description": "Added to the poverty guideline for each person beyond the first.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.federalregister.gov/documents/2025/01/17/2025-01377/annual-update-of-the-hhs-poverty-guidelines", "verified": true, "verifiedOn": "2026-07-12", "ref": "Federal Register doc 2025-01377", "value": 5500 }, { "id": "aca-applicable-pct-2026", "label": "ACA required contribution by income, 2026", "description": "Share of income a household is expected to pay toward a benchmark plan before the premium tax credit; the credit is the benchmark premium minus that amount. The enhanced subsidies expired after 2025, so there is no subsidy above 400% of the poverty level.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2026, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-25-25.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": [ { "fplFloor": 0, "fplCeil": 1.33, "pctFloor": 0.021, "pctCeil": 0.021 }, { "fplFloor": 1.33, "fplCeil": 1.5, "pctFloor": 0.0314, "pctCeil": 0.0419 }, { "fplFloor": 1.5, "fplCeil": 2, "pctFloor": 0.0419, "pctCeil": 0.066 }, { "fplFloor": 2, "fplCeil": 2.5, "pctFloor": 0.066, "pctCeil": 0.0844 }, { "fplFloor": 2.5, "fplCeil": 3, "pctFloor": 0.0844, "pctCeil": 0.0996 }, { "fplFloor": 3, "fplCeil": 4, "pctFloor": 0.0996, "pctCeil": 0.0996 } ] }, { "id": "aca-age-curve-3to1", "label": "ACA age rating curve (3 to 1)", "description": "Federal default factor by adult age used to scale a benchmark premium; age 21 is 1.0 and ages 64 and over are 3.0.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": null, "basis": "law", "sourceUrl": "https://www.cms.gov/CCIIO/Programs-and-Initiatives/Health-Insurance-Market-Reforms/Downloads/StateSpecAgeCrv053117.pdf", "verified": true, "verifiedOn": null, "ref": null, "value": { "21": 1, "22": 1, "23": 1, "24": 1, "25": 1.004, "26": 1.024, "27": 1.048, "28": 1.087, "29": 1.119, "30": 1.135, "31": 1.159, "32": 1.183, "33": 1.198, "34": 1.214, "35": 1.222, "36": 1.23, "37": 1.238, "38": 1.246, "39": 1.262, "40": 1.278, "41": 1.302, "42": 1.325, "43": 1.357, "44": 1.397, "45": 1.444, "46": 1.5, "47": 1.563, "48": 1.635, "49": 1.706, "50": 1.786, "51": 1.865, "52": 1.952, "53": 2.04, "54": 2.135, "55": 2.23, "56": 2.333, "57": 2.437, "58": 2.548, "59": 2.603, "60": 2.714, "61": 2.81, "62": 2.873, "63": 2.952, "64": 3 } }, { "id": "aca-subsidy-fpl-floor", "label": "ACA subsidy floor (share of poverty level)", "description": "Household income must be at least this share of the poverty level to receive the premium tax credit (IRC section 36B). Medicaid is not modeled.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": null, "basis": "law", "sourceUrl": "https://www.law.cornell.edu/uscode/text/26/36B", "verified": true, "verifiedOn": "2026-11-11", "ref": "§36B(c)(1)(A)", "value": 1 }, { "id": "aca-subsidy-fpl-cliff", "label": "ACA subsidy ceiling (share of poverty level)", "description": "Above this share of the poverty level the premium tax credit is zero (the post-2025 cliff).", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": null, "basis": "law", "sourceUrl": "https://www.law.cornell.edu/uscode/text/26/36B", "verified": true, "verifiedOn": null, "ref": null, "value": 4 }, { "id": "aca-subsidy-denied-statuses", "label": "Filing statuses denied the ACA subsidy", "description": "Married people filing separately generally cannot receive the premium tax credit (IRC section 36B(c)(1)(C)); narrow exceptions are not modeled.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": null, "basis": "law", "sourceUrl": "https://www.law.cornell.edu/uscode/text/26/36B", "verified": true, "verifiedOn": "2026-11-11", "ref": "§36B(c)(1)(C)", "value": [ "mfs" ] }, { "id": "fpl-household-of-1-py2027", "label": "Federal poverty level, household of 1, plan year 2027", "description": "The 2026 HHS guideline (48 states and DC), used for plan-year 2027 subsidies. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.federalregister.gov/documents/2026/01/15/2026-00755/annual-update-of-the-hhs-poverty-guidelines", "verified": true, "verifiedOn": "2026-11-11", "ref": "Federal Register doc 2026-00755", "value": 15960 }, { "id": "fpl-household-of-2-py2027", "label": "Federal poverty level, household of 2, plan year 2027", "description": "The 2026 HHS guideline for two people (48 states and DC), used for plan-year 2027. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.federalregister.gov/documents/2026/01/15/2026-00755/annual-update-of-the-hhs-poverty-guidelines", "verified": true, "verifiedOn": "2026-11-11", "ref": "Federal Register doc 2026-00755", "value": 21640 }, { "id": "fpl-additional-person-py2027", "label": "Poverty level, each additional household member, plan year 2027", "description": "Added to the 2026 guideline for each person beyond the first. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.federalregister.gov/documents/2026/01/15/2026-00755/annual-update-of-the-hhs-poverty-guidelines", "verified": true, "verifiedOn": "2026-11-11", "ref": "Federal Register doc 2026-00755", "value": 5680 }, { "id": "aca-applicable-pct-2027", "label": "ACA required contribution by income, 2027", "description": "Share of income a household is expected to pay toward a benchmark plan, plan year 2027; no subsidy above 400% of the poverty level. Published for the 2027 year pages; the simulator still runs on 2026 figures.", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.irs.gov/pub/irs-drop/rp-26-26.pdf", "verified": true, "verifiedOn": "2026-11-11", "ref": "Rev. Proc. 2026-26 §3.01", "value": [ { "fplFloor": 0, "fplCeil": 1.33, "pctFloor": 0.0215, "pctCeil": 0.0215 }, { "fplFloor": 1.33, "fplCeil": 1.5, "pctFloor": 0.0323, "pctCeil": 0.043 }, { "fplFloor": 1.5, "fplCeil": 2, "pctFloor": 0.043, "pctCeil": 0.0678 }, { "fplFloor": 2, "fplCeil": 2.5, "pctFloor": 0.0678, "pctCeil": 0.0866 }, { "fplFloor": 2.5, "fplCeil": 3, "pctFloor": 0.0866, "pctCeil": 0.1022 }, { "fplFloor": 3, "fplCeil": 4, "pctFloor": 0.1022, "pctCeil": 0.1022 } ] }, { "id": "uniform-lifetime-table", "label": "Uniform Lifetime Table (RMD divisors)", "description": "Required minimum distribution = prior year-end balance divided by the divisor for your age. 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the deadlines calendar applies this rule with these holidays.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/publications/p509", "verified": true, "verifiedOn": "2026-11-11", "ref": "Pub 509 (2026) “Saturday, Sunday, or legal holiday” and “Legal holidays”", "value": { "shiftsWeekends": true, "fixedHolidays": [ { "month": 1, "day": 1, "name": "New Year’s Day" }, { "month": 4, "day": 16, "name": "District of Columbia Emancipation Day" }, { "month": 6, "day": 19, "name": "Juneteenth National Independence Day" }, { "month": 7, "day": 4, "name": "Independence Day" }, { "month": 11, "day": 11, "name": "Veterans Day" }, { "month": 12, "day": 25, "name": "Christmas Day" } ], "weekdayHolidays": [ { "name": "Birthday of Martin Luther King, Jr.", "month": 1, "weekday": 1, "nth": 3 }, { "name": "Washington’s Birthday", "month": 2, "weekday": 1, "nth": 3 }, { "name": "Memorial Day", "month": 5, "weekday": 1, "nth": -1 }, { "name": "Labor Day", "month": 9, "weekday": 1, "nth": 1 }, { "name": "Columbus Day", "month": 10, "weekday": 1, "nth": 2 }, { "name": "Thanksgiving Day", "month": 11, "weekday": 4, "nth": 4 } ], "inaugurationDay": { "month": 1, "day": 20 } } }, { "id": "estimated-tax-due-dates", "label": "Quarterly estimated tax due dates", "description": "When each estimated-tax payment for a calendar-year individual is due, before any weekend or holiday shift.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/faqs/estimated-tax/individuals/individuals-2", "verified": true, "verifiedOn": "2026-11-11", "ref": "IRS FAQ “When are quarterly estimated tax payments due?”", "value": [ { "month": 4, "day": 15, "period": "January 1 – March 31", "nextYear": false }, { "month": 6, "day": 15, "period": "April 1 – May 31", "nextYear": false }, { "month": 9, "day": 15, "period": "June 1 – August 31", "nextYear": false }, { "month": 1, "day": 15, "period": "September 1 – December 31", "nextYear": true } ] }, { "id": "individual-return-due-dates", "label": "Individual return due date and extension", "description": "When Form 1040 is due for a calendar year, and the extended due date with Form 4868.", "domain": "federal", "domainTitle": "Federal income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/publications/p509", "verified": true, "verifiedOn": "2026-11-11", "ref": "Pub 509 (2026), “Fiscal-Year Taxpayers”, Individuals section", "value": { "original": { "month": 4, "day": 15 }, "extended": { "month": 10, "day": 15 } } }, { "id": "ira-contribution-deadline", "label": "Last day for a year’s IRA contributions", "description": "IRA contributions for a year can be made until that year’s return due date.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/publications/p590a", "verified": true, "verifiedOn": "2026-11-11", "ref": "Pub 590-A “When Can Contributions Be Made?”", "value": { "includesExtensions": false } }, { "id": "hsa-contribution-deadline", "label": "Last day for a year’s HSA contributions", "description": "HSA contributions for a year can be made until that year’s return due date.", "domain": "limits", "domainTitle": "Contribution and transfer limits", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/publications/p969", "verified": true, "verifiedOn": "2026-11-11", "ref": "Pub 969 “When To Contribute”", "value": { "includesExtensions": false } }, { "id": "rmd-deadlines", "label": "Required minimum distribution deadlines", "description": "The first RMD may wait until April 1 of the following year; every later RMD is due by December 31 of its year.", "domain": "rmd", "domainTitle": "RMDs, QCDs and inherited accounts", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/retirement-plans/retirement-plan-and-ira-required-minimum-distributions-faqs", "verified": true, "verifiedOn": "2026-11-11", "ref": "RMD FAQ Q3; Pub 590-B “Distributions after the required beginning date”", "value": { "first": { "month": 4, "day": 1 }, "later": { "month": 12, "day": 31 } } }, { "id": "year-end-distribution-date", "label": "Year-end date for Roth conversions and QCDs", "description": "A Roth conversion or qualified charitable distribution counts in the year the money leaves the IRA.", "domain": "rmd", "domainTitle": "RMDs, QCDs and inherited accounts", "taxYear": null, "basis": "law", "sourceUrl": "https://www.irs.gov/publications/p590b", "verified": true, "verifiedOn": "2026-11-11", "ref": "Pub 590-B ch. 1 “Are Distributions Taxable?” (conversion caution; QCDs)", "value": { "month": 12, "day": 31 } }, { "id": "medicare-signup-periods", "label": "Medicare sign-up periods (Parts A and B)", "description": "The seven-month Initial Enrollment Period around the month you turn 65, and the yearly General Enrollment Period.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": null, "basis": "law", "sourceUrl": "https://www.medicare.gov/basics/get-started-with-medicare/sign-up/when-does-medicare-coverage-start", "verified": true, "verifiedOn": "2026-11-11", "ref": "Initial Enrollment Period; General Enrollment Period", "value": { "eligibilityAge": 65, "iepMonthsBefore": 3, "iepMonthsAfter": 3, "generalStart": { "month": 1, "day": 1 }, "generalEnd": { "month": 3, "day": 31 } } }, { "id": "medicare-plan-enrollment-periods", "label": "Medicare plan enrollment periods", "description": "Open Enrollment for Medicare Advantage and drug plans, and the Medicare Advantage Open Enrollment Period.", "domain": "medicare", "domainTitle": "Medicare and IRMAA", "taxYear": null, "basis": "law", "sourceUrl": "https://www.medicare.gov/basics/get-started-with-medicare/get-more-coverage/joining-a-plan", "verified": true, "verifiedOn": "2026-11-11", "ref": "“Other enrollment periods” table", "value": { "openStart": { "month": 10, "day": 15 }, "openEnd": { "month": 12, "day": 7 }, "advantageStart": { "month": 1, "day": 1 }, "advantageEnd": { "month": 3, "day": 31 } } }, { "id": "aca-open-enrollment-py2027", "label": "HealthCare.gov Open Enrollment, 2027 coverage", "description": "The federal Marketplace’s Open Enrollment window for plan year 2027 (state-run Marketplaces may differ).", "domain": "aca", "domainTitle": "ACA marketplace subsidies", "taxYear": 2027, "basis": "law", "sourceUrl": "https://www.healthcare.gov/quick-guide/dates-and-deadlines/", "verified": true, "verifiedOn": "2026-11-11", "ref": "“When can you get health insurance?” (Enroll for 2027 now)", "value": { "planYear": 2027, "start": "2026-11-01", "januaryFirstBy": "2026-12-15", "end": "2027-01-15" } }, { "id": "al-flat-rate-approx", "label": "Alabama income tax rate used (top rate)", "description": "The simulator applies Alabama’s top 5% rate to all taxable income; the real 2% and 4% brackets on the first $6,000 are ignored.", "domain": "state-AL", "domainTitle": "Alabama income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.alabama.gov/tax-types/individual-income-tax/", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 0.05 }, { "id": "al-std-deduction-mfj-approx", "label": "Alabama standard deduction, joint (maximum)", "description": "The highest tier of the income-phased joint standard deduction, applied as a flat amount.", "domain": "state-AL", "domainTitle": "Alabama income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.alabama.gov/faqs/how-much-is-the-alabama-standard-deduction/", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": 8500 }, { "id": "al-personal-exemption-mfj", "label": "Alabama personal exemption, joint", "description": "Two spouses at the $1,500 personal exemption.", "domain": "state-AL", "domainTitle": "Alabama income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.alabama.gov/tax-types/individual-income-tax/", "verified": true, "verifiedOn": "2026-07-12", "ref": null, "value": 3000 }, { "id": "al-retirement-dist-exemption-65plus-per-person", "label": "Alabama IRA and 401(k) distribution exclusion, age 65 and over", "description": "First dollars of retirement-account distributions per person excluded from Alabama tax at 65 and older (Act 2022-297). Higher amounts proposed in 2025 were not enacted.", "domain": "state-AL", "domainTitle": "Alabama income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.alabama.gov/wp-content/uploads/2025/01/24schrsinstr.pdf", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": 6000 }, { "id": "al-ss-exempt", "label": "Alabama exempts Social Security", "description": "Whether Social Security benefits are excluded from Alabama taxable income.", "domain": "state-AL", "domainTitle": "Alabama income tax", "taxYear": null, "basis": "law", "sourceUrl": "https://www.revenue.alabama.gov/individual-corporate/income-exempt-from-alabama-income-taxation/", "verified": true, "verifiedOn": "2026-09-23", "ref": null, "value": true }, { "id": "historical-returns-1928-2024", "label": "Historical annual market returns and inflation", "description": "One row per calendar year: nominal total returns on US stocks, 10-year Treasury bonds and 3-month Treasury bills, plus CPI inflation. Used by the historical-bootstrap market model, which draws whole years at random.", "domain": "market", "domainTitle": "Market history", "taxYear": null, "basis": "law", "sourceUrl": "https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/histretSP.html (returns); https://www.minneapolisfed.org/about-us/monetary-policy/inflation-calculator/consumer-price-index-1913- (CPI)", "verified": false, "verifiedOn": null, "ref": null, "value": [ { "year": 1928, "stockNominal": 0.4381, "bondNominal": 0.0084, "cashNominal": 0.0308, "cpi": -0.012 }, { "year": 1929, "stockNominal": -0.083, "bondNominal": 0.042, "cashNominal": 0.0316, "cpi": 0 }, { "year": 1930, "stockNominal": -0.2512, "bondNominal": 0.0454, "cashNominal": 0.0455, "cpi": -0.027 }, { "year": 1931, "stockNominal": -0.4384, "bondNominal": -0.0256, "cashNominal": 0.0231, "cpi": -0.089, "verified": true }, { "year": 1932, "stockNominal": -0.0864, "bondNominal": 0.0879, "cashNominal": 0.0107, "cpi": -0.103 }, { "year": 1933, "stockNominal": 0.4998, "bondNominal": 0.0186, "cashNominal": 0.0096, "cpi": -0.052 }, { "year": 1934, "stockNominal": -0.0119, "bondNominal": 0.0796, "cashNominal": 0.0028, "cpi": 0.035 }, { "year": 1935, "stockNominal": 0.4674, "bondNominal": 0.0447, "cashNominal": 0.0017, "cpi": 0.026 }, { "year": 1936, "stockNominal": 0.3194, "bondNominal": 0.0502, "cashNominal": 0.0017, "cpi": 0.01 }, { "year": 1937, "stockNominal": -0.3534, "bondNominal": 0.0138, "cashNominal": 0.0028, "cpi": 0.037 }, { "year": 1938, "stockNominal": 0.2928, "bondNominal": 0.0421, "cashNominal": 0.0007, "cpi": -0.02 }, { "year": 1939, "stockNominal": -0.011, "bondNominal": 0.0441, "cashNominal": 0.0005, "cpi": -0.013 }, { "year": 1940, "stockNominal": -0.1067, "bondNominal": 0.054, "cashNominal": 0.0004, "cpi": 0.007 }, { "year": 1941, "stockNominal": -0.1277, "bondNominal": -0.0202, "cashNominal": 0.0013, "cpi": 0.051 }, { "year": 1942, "stockNominal": 0.1917, "bondNominal": 0.0229, "cashNominal": 0.0034, "cpi": 0.109 }, { "year": 1943, "stockNominal": 0.2506, "bondNominal": 0.0249, "cashNominal": 0.0038, "cpi": 0.06 }, { "year": 1944, "stockNominal": 0.1903, "bondNominal": 0.0258, "cashNominal": 0.0038, "cpi": 0.016 }, { "year": 1945, "stockNominal": 0.3582, "bondNominal": 0.038, "cashNominal": 0.0038, "cpi": 0.023 }, { "year": 1946, "stockNominal": -0.0843, "bondNominal": 0.0313, "cashNominal": 0.0038, "cpi": 0.085 }, { "year": 1947, "stockNominal": 0.052, "bondNominal": 0.0092, "cashNominal": 0.006, "cpi": 0.144 }, { "year": 1948, "stockNominal": 0.057, "bondNominal": 0.0195, "cashNominal": 0.0105, "cpi": 0.077 }, { "year": 1949, "stockNominal": 0.183, "bondNominal": 0.0466, "cashNominal": 0.0112, "cpi": -0.01 }, { "year": 1950, "stockNominal": 0.3081, "bondNominal": 0.0043, "cashNominal": 0.012, "cpi": 0.011 }, { "year": 1951, "stockNominal": 0.2368, "bondNominal": -0.003, "cashNominal": 0.0152, "cpi": 0.079 }, { "year": 1952, "stockNominal": 0.1815, "bondNominal": 0.0227, "cashNominal": 0.0172, "cpi": 0.023 }, { "year": 1953, "stockNominal": -0.0121, "bondNominal": 0.0414, "cashNominal": 0.0189, "cpi": 0.008 }, { "year": 1954, "stockNominal": 0.5256, "bondNominal": 0.0329, "cashNominal": 0.0094, "cpi": 0.003, "verified": true }, { "year": 1955, "stockNominal": 0.326, "bondNominal": -0.0134, "cashNominal": 0.0172, "cpi": -0.003 }, { "year": 1956, "stockNominal": 0.0744, "bondNominal": -0.0226, "cashNominal": 0.0262, "cpi": 0.015 }, { "year": 1957, "stockNominal": -0.1046, "bondNominal": 0.068, "cashNominal": 0.0322, "cpi": 0.033 }, { "year": 1958, "stockNominal": 0.4372, "bondNominal": -0.021, "cashNominal": 0.0177, "cpi": 0.027 }, { "year": 1959, "stockNominal": 0.1206, "bondNominal": -0.0265, "cashNominal": 0.0339, "cpi": 0.0108 }, { "year": 1960, "stockNominal": 0.0034, "bondNominal": 0.1164, "cashNominal": 0.0287, "cpi": 0.015 }, { "year": 1961, "stockNominal": 0.2664, "bondNominal": 0.0206, "cashNominal": 0.0235, "cpi": 0.011 }, { "year": 1962, "stockNominal": -0.0881, "bondNominal": 0.0569, "cashNominal": 0.0277, "cpi": 0.012 }, { "year": 1963, "stockNominal": 0.2261, "bondNominal": 0.0168, "cashNominal": 0.0316, "cpi": 0.012 }, { "year": 1964, "stockNominal": 0.1642, "bondNominal": 0.0373, "cashNominal": 0.0355, "cpi": 0.013 }, { "year": 1965, "stockNominal": 0.124, "bondNominal": 0.0072, "cashNominal": 0.0395, "cpi": 0.016 }, { "year": 1966, "stockNominal": -0.0997, "bondNominal": 0.0291, "cashNominal": 0.0486, "cpi": 0.03 }, { "year": 1967, "stockNominal": 0.238, "bondNominal": -0.0158, "cashNominal": 0.0429, "cpi": 0.028 }, { "year": 1968, "stockNominal": 0.1081, "bondNominal": 0.0327, "cashNominal": 0.0534, "cpi": 0.043 }, { "year": 1969, "stockNominal": -0.0824, "bondNominal": -0.0501, "cashNominal": 0.0667, "cpi": 0.055 }, { "year": 1970, "stockNominal": 0.0356, "bondNominal": 0.1675, "cashNominal": 0.0639, "cpi": 0.058 }, { "year": 1971, "stockNominal": 0.1422, "bondNominal": 0.0979, "cashNominal": 0.0433, "cpi": 0.043 }, { "year": 1972, "stockNominal": 0.1876, "bondNominal": 0.0282, "cashNominal": 0.0406, "cpi": 0.033 }, { "year": 1973, "stockNominal": -0.1431, "bondNominal": 0.0366, "cashNominal": 0.0704, "cpi": 0.062 }, { "year": 1974, "stockNominal": -0.259, "bondNominal": 0.0199, "cashNominal": 0.0785, "cpi": 0.111, "verified": true }, { "year": 1975, "stockNominal": 0.37, "bondNominal": 0.0361, "cashNominal": 0.0579, "cpi": 0.091 }, { "year": 1976, "stockNominal": 0.2383, "bondNominal": 0.1598, "cashNominal": 0.0498, "cpi": 0.057 }, { "year": 1977, "stockNominal": -0.0698, "bondNominal": 0.0129, "cashNominal": 0.0526, "cpi": 0.065 }, { "year": 1978, "stockNominal": 0.0651, "bondNominal": -0.0078, "cashNominal": 0.0718, "cpi": 0.076 }, { "year": 1979, "stockNominal": 0.1852, "bondNominal": 0.0067, "cashNominal": 0.1005, "cpi": 0.113 }, { "year": 1980, "stockNominal": 0.3174, "bondNominal": -0.0299, "cashNominal": 0.1139, "cpi": 0.135, "verified": true }, { "year": 1981, "stockNominal": -0.047, "bondNominal": 0.082, "cashNominal": 0.1404, "cpi": 0.103 }, { "year": 1982, "stockNominal": 0.2042, "bondNominal": 0.3281, "cashNominal": 0.1109, "cpi": 0.061, "verified": true }, { "year": 1983, "stockNominal": 0.2234, "bondNominal": 0.032, "cashNominal": 0.0895, "cpi": 0.032 }, { "year": 1984, "stockNominal": 0.0615, "bondNominal": 0.1373, "cashNominal": 0.0992, "cpi": 0.043 }, { "year": 1985, "stockNominal": 0.3124, "bondNominal": 0.2571, "cashNominal": 0.0772, "cpi": 0.035 }, { "year": 1986, "stockNominal": 0.1849, "bondNominal": 0.2428, "cashNominal": 0.0615, "cpi": 0.019 }, { "year": 1987, "stockNominal": 0.0581, "bondNominal": -0.0496, "cashNominal": 0.0596, "cpi": 0.037, "verified": true }, { "year": 1988, "stockNominal": 0.1654, "bondNominal": 0.0822, "cashNominal": 0.0689, "cpi": 0.041 }, { "year": 1989, "stockNominal": 0.3148, "bondNominal": 0.1769, "cashNominal": 0.0839, "cpi": 0.048 }, { "year": 1990, "stockNominal": -0.0306, "bondNominal": 0.0624, "cashNominal": 0.0775, "cpi": 0.054 }, { "year": 1991, "stockNominal": 0.3023, "bondNominal": 0.15, "cashNominal": 0.0554, "cpi": 0.042 }, { "year": 1992, "stockNominal": 0.0749, "bondNominal": 0.0936, "cashNominal": 0.0351, "cpi": 0.03 }, { "year": 1993, "stockNominal": 0.0997, "bondNominal": 0.1421, "cashNominal": 0.0307, "cpi": 0.03 }, { "year": 1994, "stockNominal": 0.0133, "bondNominal": -0.0804, "cashNominal": 0.0437, "cpi": 0.026 }, { "year": 1995, "stockNominal": 0.372, "bondNominal": 0.2348, "cashNominal": 0.0566, "cpi": 0.028, "verified": true }, { "year": 1996, "stockNominal": 0.2268, "bondNominal": 0.0143, "cashNominal": 0.0515, "cpi": 0.029 }, { "year": 1997, "stockNominal": 0.331, "bondNominal": 0.0994, "cashNominal": 0.052, "cpi": 0.023 }, { "year": 1998, "stockNominal": 0.2834, "bondNominal": 0.1492, "cashNominal": 0.0491, "cpi": 0.016 }, { "year": 1999, "stockNominal": 0.2089, "bondNominal": -0.0825, "cashNominal": 0.0478, "cpi": 0.022 }, { "year": 2000, "stockNominal": -0.0903, "bondNominal": 0.1666, "cashNominal": 0.06, "cpi": 0.034 }, { "year": 2001, "stockNominal": -0.1185, "bondNominal": 0.0557, "cashNominal": 0.0348, "cpi": 0.028, "verified": true }, { "year": 2002, "stockNominal": -0.2197, "bondNominal": 0.1512, "cashNominal": 0.0164, "cpi": 0.016 }, { "year": 2003, "stockNominal": 0.2836, "bondNominal": 0.0038, "cashNominal": 0.0103, "cpi": 0.023 }, { "year": 2004, "stockNominal": 0.1074, "bondNominal": 0.0449, "cashNominal": 0.014, "cpi": 0.027 }, { "year": 2005, "stockNominal": 0.0483, "bondNominal": 0.0287, "cashNominal": 0.0322, "cpi": 0.034 }, { "year": 2006, "stockNominal": 0.1561, "bondNominal": 0.0196, "cashNominal": 0.0485, "cpi": 0.032 }, { "year": 2007, "stockNominal": 0.0548, "bondNominal": 0.1021, "cashNominal": 0.0448, "cpi": 0.029 }, { "year": 2008, "stockNominal": -0.3655, "bondNominal": 0.201, "cashNominal": 0.014, "cpi": 0.038, "verified": true }, { "year": 2009, "stockNominal": 0.2594, "bondNominal": -0.1112, "cashNominal": 0.0015, "cpi": -0.004, "verified": true }, { "year": 2010, "stockNominal": 0.1482, "bondNominal": 0.0846, "cashNominal": 0.0014, "cpi": 0.016 }, { "year": 2011, "stockNominal": 0.021, "bondNominal": 0.1604, "cashNominal": 0.0005, "cpi": 0.032 }, { "year": 2012, "stockNominal": 0.1589, "bondNominal": 0.0297, "cashNominal": 0.0009, "cpi": 0.021 }, { "year": 2013, "stockNominal": 0.3215, "bondNominal": -0.091, "cashNominal": 0.0006, "cpi": 0.015, "verified": true }, { "year": 2014, "stockNominal": 0.1352, "bondNominal": 0.1075, "cashNominal": 0.0003, "cpi": 0.016 }, { "year": 2015, "stockNominal": 0.0138, "bondNominal": 0.0128, "cashNominal": 0.0005, "cpi": 0.001 }, { "year": 2016, "stockNominal": 0.1177, "bondNominal": 0.0069, "cashNominal": 0.0032, "cpi": 0.013 }, { "year": 2017, "stockNominal": 0.2161, "bondNominal": 0.028, "cashNominal": 0.0095, "cpi": 0.021 }, { "year": 2018, "stockNominal": -0.0423, "bondNominal": -0.0002, "cashNominal": 0.0197, "cpi": 0.024 }, { "year": 2019, "stockNominal": 0.3121, "bondNominal": 0.0964, "cashNominal": 0.0211, "cpi": 0.018 }, { "year": 2020, "stockNominal": 0.1802, "bondNominal": 0.1133, "cashNominal": 0.0036, "cpi": 0.012 }, { "year": 2021, "stockNominal": 0.2847, "bondNominal": -0.0442, "cashNominal": 0.0004, "cpi": 0.047 }, { "year": 2022, "stockNominal": -0.1804, "bondNominal": -0.1783, "cashNominal": 0.0209, "cpi": 0.08, "verified": true }, { "year": 2023, "stockNominal": 0.2606, "bondNominal": 0.0388, "cashNominal": 0.0528, "cpi": 0.041 }, { "year": 2024, "stockNominal": 0.2488, "bondNominal": -0.0164, "cashNominal": 0.0518, "cpi": 0.029, "verified": true }, { "year": 2025, "stockNominal": 0.1778, "bondNominal": 0.078, "cashNominal": 0.0421, "cpi": 0.026, "verified": true } ] }, { "id": "fed-base-year", "label": "Base year for tax dollars", "description": "Brackets, deductions and thresholds are stated in this year’s dollars and then indexed by simulated inflation.", "domain": "model", "domainTitle": "Modelling assumptions (not law)", "taxYear": null, "basis": "modelling-assumption", "sourceUrl": null, "verified": true, "verifiedOn": null, "ref": null, "value": 2026 }, { "id": "taxable-dividend-yield", "label": "Dividend yield on the taxable account", "description": "Share of the brokerage balance paid out each year as qualified dividends and reinvested.", "domain": "model", "domainTitle": "Modelling assumptions (not law)", "taxYear": null, "basis": "modelling-assumption", "sourceUrl": null, "verified": true, "verifiedOn": null, "ref": null, "value": 0.018 }, { "id": "medical-excess-inflation", "label": "Healthcare cost inflation above general inflation", "description": "Healthcare costs grow at general inflation plus this amount.", "domain": "model", "domainTitle": "Modelling assumptions (not law)", "taxYear": null, "basis": "modelling-assumption", "sourceUrl": null, "verified": true, "verifiedOn": null, "ref": null, "value": 0.02 }, { "id": "heir-marginal-rate-default", "label": "Default heir tax rate on inherited accounts", "description": "Assumed marginal rate for an heir draining an inherited IRA over ten years; editable in the simulator.", "domain": "model", "domainTitle": "Modelling assumptions (not law)", "taxYear": null, "basis": "modelling-assumption", "sourceUrl": null, "verified": true, "verifiedOn": null, "ref": null, "value": 0.24 }, { "id": "survivor-spend-factor-default", "label": "Default survivor spending", "description": "In the survivor what-if, base spending is multiplied by this after the first death; editable in the simulator.", "domain": "model", "domainTitle": "Modelling assumptions (not law)", "taxYear": null, "basis": "modelling-assumption", "sourceUrl": null, "verified": true, "verifiedOn": null, "ref": null, "value": 0.75 }, { "id": "pension-survivor-percent-default", "label": "Default pension survivor share", "description": "Percent of a pension paid to the survivor after the first death; 50% is the most common joint-and-survivor form. Editable per pension.", "domain": "model", "domainTitle": "Modelling assumptions (not law)", "taxYear": null, "basis": "modelling-assumption", "sourceUrl": null, "verified": true, "verifiedOn": null, "ref": null, "value": 50 }, { "id": "high-taxable-income-flag", "label": "High taxable income warning level", "description": "A simulated year above this taxable income (in that year’s dollars) is flagged because the simulator does not compute the alternative minimum tax or itemized deductions. This is our own setting; no law sets it.", "domain": "model", "domainTitle": "Modelling assumptions (not law)", "taxYear": null, "basis": "modelling-assumption", "sourceUrl": null, "verified": true, "verifiedOn": null, "ref": null, "value": 1000000 } ] }