Use Financials → Tax Summary to review the modeled tax result that currently drives the client plan. The page uses the selected tax scenario; if none is selected, it falls back to the first available scenario.

The page identifies the scenario name and tax year above the summary. Confirm both before interpreting the result. To choose or change the plan’s tax scenario, open the Taxes planning workspace and set the intended scenario there.

If no calculated scenario is available, Financials shows No tax scenario yet and offers Open tax planning. Create or complete a tax scenario, run the calculation, then return to Financials.

The top measures include:

Income & tax picture shows gross income, adjusted gross income, federal taxable income, total modeled tax, and the federal, state, and payroll tax mix. Payments and rates shows federal withholding, state withholding, estimated payments, any applied prior-year overpayment, total payments, marginal rates, and safe-harbor information.

Check the scenario name and year first. Then review filing status, state, income, deductions, capital gains, withholding, estimated payments, overpayments, and imported tax facts in the Taxes workspace. Office → Plan Cleanup can identify when no scenario is selected or imported tax facts have not been reconciled into the plan.

Financials is a summary, not a tax return and not a filing instruction. The result depends on the modeled facts and calculation rules in the selected scenario. Confirm material planning conclusions with the client’s tax professional.

Tax Summary explains the current modeled result. Tax Plan is the working area for selecting a base scenario, evaluating opportunities, moving items between Open, In plan, and Dismissed, setting modeled amounts, including items in the client report, saving scenarios, and creating Changes. Use Tax Plan to develop the strategy, then use Financials to present the selected modeled picture.