Savings Review

# Tax 2026 — Savings Review

*Generated: 2026-06-02 02:46 UTC*

Items to consider or ask your CPA about. Not tax advice — tradeoffs only.

## 2026 Savings Review — Hendershot MFJ

**Binder status note:** The 2026 binder contains only a single $21.49 Anthropic receipt. This is very sparse for a late-May review. The items below are drawn from prior-year patterns and are worth flagging now, but **a full savings review should wait until the binder is materially complete** — W-2s, K-1s, brokerage statements, and LLC/rental documents at minimum.

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1. **Ask your CPA whether** the 2024 SEP contribution was truly $0 or was missed — it was $42,900 in 2023 and $44,850 in 2025, but absent in 2024, which would have cost roughly ~$12K in federal tax if eligible and omitted.

2. **Ask your CPA whether** the 2024 SE health insurance deduction (~$29K in adjacent years, $0 in 2024) was intentionally omitted or overlooked, and whether an amended 2024 return is still appropriate.

3. **Ask your CPA whether** a Donor-Advised Fund (DAF) makes sense for 2026 — you've given ~$83K/year in cash for three consecutive years; bunching two or more years into a single DAF contribution could front-load the deduction and potentially reduce NIIT exposure in the contribution year.

4. **Consider** verifying that 2026 withholding is on track to meet the safe-harbor threshold of $223,553 (110% of 2025 tax) by the Q2 estimated tax deadline of June 16, 2026 — you've never made estimated payments, and the 2023 return produced a $59K balance due.

5. **Ask your CPA whether** the declining partnership K-1 trend ($838K → $792K → $740K) changes the calculus for 2026 — if income continues to fall, paying actual liability rather than the safe-harbor amount could be favorable, but requires careful projection.

6. **Ask your CPA whether** any of the partnership K-1 income (now from multiple partners with nonpassive losses in 2025) qualifies for the §199A QBI deduction — no deduction has been taken in any of the three years on file, and the reason has not been documented.

7. **Ask your CPA whether** the multi-state footprint has changed for 2026 — Maryland appeared in 2024 but not 2023 or 2025, and with 19–20 states annually, any new nexus (new partnership activity, remote work, property) should be identified before year-end while there's still time to plan.

8. **Consider** confirming that the LLC rental property is represented in the binder — it does not appear in any prior-year structured facts captured here, and depreciation, passive loss, and cost-segregation opportunities are year-end sensitive.