2026 return
Review and sign
Read the draft, see what changed since the last one and ask about any line. When the final version is ready, each of you signs Form 8879.
Home office, HSA and the December gift added. Waiting for three documents.
Income
| Wages (W-2s) | $149,650 | |
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| Business income (Schedule C, net) Home office and software from your expense summary lowered the profit. | $41,800$38,960 | |
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| Interest | $1,140 | |
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| Dividends | $2,880 | |
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| Capital gains | $4,210 | |
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| Total income | $196,840 | |
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Adjustments
| Half of self-employment tax | $2,950$2,750 | |
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| HSA contributions made outside payroll From your HSA's 5498-SA. | $0$1,800 | |
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| Adjusted gross income | $192,290 | |
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Deductions
| Mortgage interest | $16,420 | |
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| State and local taxes | $12,300 | |
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| Charitable gifts Added the December gift receipt you sent. | $2,650$3,150 | |
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| Taxable income | $160,420 | |
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Tax
| Income tax | $27,940$27,108 | |
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| Self-employment tax | $5,900$5,500 | |
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Credits
| Child tax credit | $4,400 | |
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| Child and dependent care credit | $0 | |
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| Total tax after credits | $28,208 | |
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Payments
| Tax withheld (W-2s) | $21,300 | |
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| 2026 estimated payments | $10,000 | |
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| Total payments | $31,300 | |
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Every figure on this return is made up for the example; it is not calculated from tax law.