Financial Planning Software > Reports > Income Vs Taxes
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The Income vs. Taxes Graph is a line graph that illustrates a year by year projection of a client's Adjustable Gross Income AGI
(this encompasses all taxable income, including Capital Gains, Qualified dividends, distributions from Qualified Plans including Minimum
Required Distributions (MRD), interest income, Social Security income (Express automatically calculates the taxable portion of Social
Security) and non passive business income). The Gross Deductions includes mortgage interest, charitable contributions
(express does the 50% AGI limitations), real estate tax, etc.). The Income Tax is the annual Federal Tax due including and
self-employment tax.
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