Open Clients, select a client, and choose Tax. The Tax tab brings income, deductions, estimated taxes, payments, and planning comparisons into one place.
Before interpreting the results, review the client's tax inputs. Resolve missing-data warnings and confirm the selected year.
Compare equity plans for one year
Select Equity Plan Comparison View.
Choose Select year.
Choose up to three saved plans in Compare plans.
Use Show no-plan baseline or Hide no-plan baseline to control the reference column.
Use Show differences to make comparisons easier to review.
The no-plan column is the reference shown for that year. Review its underlying profile or prior-year base case before treating a difference as the effect of a proposed transaction.
Look across years
Choose Multi-Year View to follow the selected inputs over time. Review changes in income, deductions, tax, and AMT together. A lower tax amount in one year may be accompanied by a higher amount in another.
Test changes to tax assumptions
Choose Scenario Comparison View to work with saved tax scenarios. Use this for questions such as a different wage amount or deduction assumption. Follow Create and compare tax scenarios for the editing and saving steps.
Read the results
Expand the relevant sections: Income, Adjustments, Deductions, Federal Income Tax, Other Taxes, Tax Credits, Payments, AMT, and State Details. Check warnings and the calculation method shown in State Details.
Tax liability and balance due are different. Payments and withholding reduce the amount still due; they do not necessarily reduce the underlying tax liability. See Understand withholding and estimated tax due.
Export
Use Export CSV or Export Excel after selecting the intended view, year, and comparisons. Open the downloaded file to verify the columns before sharing it. For a client presentation, use Reports and the client deliverable.
See How Gemifi's tax estimates work for interpretation and limitations.