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James
Single, No Kids
$30,000
This taxpayer takes the standard deduction and had $2,600 of pre-tax 401(k) contributions.
Jason
Single, 2 Kids
$52,000
This taxpayer takes the standard deduction and had $4,000 of pre-tax 401(k) contributions.
Amber
Single, No Kids
$75,000
This taxpayer takes the standard deduction and had $5,500 of pre-tax 401(k) contributions.
Kavya & Nick
Married, 2 Kids
$85,000
These taxpayers take the standard deduction and had $5,500 of pre-tax 401(k) contributions.
Sophie & Chad
Married, 2 Kids
$165,000
These taxpayers claimed about $26,000 worth of itemized deductions and had $20,000 of pre-tax 401(k) contributions.
Soren & Linea
Married, 3 Kids
$200,000
These taxpayers earned half their income via a pass-through business which qualifies for the new 20-percent deduction and claimed about $30,000 worth of other itemized deductions. They also had $19,000 of pre-tax 401(k) contributions.
Laura & Seth
Married, 2 Kids
$2,000,000
These taxpayers claimed about $220,000 worth of itemized deductions and had $18,500 of pre-tax 401(k) contributions.
Joe & Ethan
Married, Retired
$48,000
This taxpayer takes the standard deduction and had $2,600 of pre-tax 401(k) contributions.