Bracket Analysis

$0K$200K$400K$600K$800K 12%22%24%32%35%37% 2%4%6%8%9.3%10.3% Marginal 37% Marginal 10.3% Federal $792K taxable California $820K taxable
Marginal
Effective
Total
~46%
30.6%
Federal
37%
28.1%
California
10.3%
8.6%
Planning opportunities
Cost seg + bonus depreciation Front-loads RE deductions against ordinary income
Qualified opportunity zones Defers gains; 10-yr hold zeroes appreciation tax
DAF bunching Stacks multi-year giving against the top bracket
Direct indexing / long-short Harvests losses well beyond a plain index fund
Lindy Wealth