| Income | Value |
|---|---|
| Wages | $300,000 |
| Business income — SE | $34,900 |
| Business income — profit share | $600,000 |
| Investment — taxable interest | $22,000 |
| Investment — dividends | $40,000 |
| Investment — capital gains | $6,000 |
| Total income | $1,002,900 |
| Less deductions | Value |
|---|---|
| Itemized deduction | −$84,180 |
| Solo 401(k) | −$8,000 |
| HSA | −$8,550 |
| 199A QBID | −$80,000 |
| Taxable income | $822,170 |
| Federal tax | Value |
|---|---|
| Estimated liability | $222,818 |
| W-2 withholding | $58,000 |
| Add'l Medicare withheld | $670 |
| Q1 estimate — Apr 15, 2026 | $41,000 |
| Q2 estimate — Jun 15, 2026 | $41,000 |
| Q3 estimate — Sep 15, 2026 | $41,000 |
| Q4 estimate — Jan 15, 2027 | $41,000 |
| Total payments | $222,670 |
| Remaining at filing | −$150 |
| State tax | Value |
|---|---|
| Estimated liability | $83,800 |
| PTET credit (paid by ABC, LLC) | −$65,100 |
| Jun 15, 2026 · 50% prepayment | $32,550 |
| Mar 15, 2027 · balance | $32,550 |
| Personal liability | $18,700 |