FKP Personal Tax Strategy Analyzer | Finance Knights Publications

Why Claude? This tool was tested and engineered specifically for Claude (claude.ai). In our testing across multiple AI platforms, Claude consistently produced the most accurate bracket-level tax calculations and correctly identified credit interactions that other platforms missed. The free version works well — just make sure to select the latest version of Sonnet as your model. If you have a paid subscription, even better — use the most powerful model available. This tool also works with Gemini and ChatGPT, though results may be less precise.

Important: The AI output is an excellent preparation tool, not a replacement for professional advice. Bring your results to a qualified CPA, tax strategist, or Enrolled Agent for verification before making changes.

How this works: Start with the first tab (W-2, Retirement & Investments) — everyone fills that in. If you also have a side business or rental property, click those tabs and fill them in too. When you click Generate My Tax Analysis, the tool collects data from all sections you filled in and builds one complete prompt. You only need to copy and paste once.

W-2, Retirement & Investments Everyone

Business / Side BusinessOptional

Real EstateOptional

W-2 Income, Retirement & Investments

Start here. If you only have W-2 income and investments, this section is all you need.

Profile

Your Name (optional)

Filing Status

Your Age

Spouse's Age (if MFJ)

State

Children under 17 (list ages)

Other dependents (13+, elderly parent)

Housing

Homeowner or Renter?

Annual mortgage interest (if homeowner)

Annual property taxes (if homeowner)

Income

Your W-2 salary (gross, combined total if multiple W-2 jobs)

Spouse's W-2 salary (if MFJ, combined total)

Retirement income (Social Security, pension, annuity, IRA/401(k) withdrawals)

Other income (bank interest, alimony received, disability, or any income not listed above)

Last Tax Return

Federal refund received

Amount owed to IRS

Total tax (line 24 of 1040)

Standard deduction or itemized?

State/local income taxes paid

Charitable donations

Student loan interest paid

Out-of-pocket medical/dental expenses (what you paid, not insurance)

Retirement Accounts

401(k)/403(b)/457 — contributing?

How much per year?

Traditional or Roth?

Employer offers Roth 401(k)?

Employer match formula

Getting full match?

Spouse has retirement plan at work?

Spouse contributes per year?

Traditional IRA — per year?

Roth IRA — per year?

529 education savings plan? (many states give a tax deduction)

529 contributions per year?

Health Savings Account (HSA) & Flexible Spending Accounts (FSA)

Enrolled in a High-Deductible Health Plan (HDHP)?

HDHP plan type (your insurance, not your HSA)

Have an HSA?

HSA annual contribution

HSA balance invested or cash?

Health FSA? Annual election?

Dependent Care FSA? Annual election?

Investments (Taxable Brokerage Only)

Taxable brokerage account?

Approximate total value

Main holdings

REITs or bond funds in this account?

Unrealized gains

Annual dividends

Capital loss carryforward from prior years? (check Schedule D of prior return, or ask your preparer)

Credits You Currently Claim

Child Tax Credit

Earned Income Tax Credit

Child & Dependent Care Credit

Annual childcare costs

Education credits (American Opportunity / Lifetime Learning)

Annual tuition & for whom?

Saver's Credit

Energy credits (past 2 years)

Employer Benefits You Use

Education assistance / tuition

Commuter / transit benefits

Employee Stock Purchase Plan (ESPP)

Stock options (ISO or NSO)

Your Goals

What matters most to you right now? (optional)

Business / Side Business Income

Complete this section if you have business income of any kind: full-time self-employment, freelancing, consulting, gig work, online sales, or a side business alongside your W-2 job.

Business Basics

What does your business do?

Business structure

Years in business

Income & Expenses

Gross business revenue

Total business expenses (do NOT include home office or vehicle mileage, those are listed separately below)

Net profit (revenue minus expenses)

If S-Corp, what salary do you pay yourself?

Deductions Currently Claimed

Home office?

Office sq ft / home sq ft

Annual business miles driven

Vehicle method used

Vehicle GVWR over 6,000 lbs?

Business meals documented?

Claiming QBI deduction?

Making estimated tax payments?

Retirement (Self-Employed)

SEP IRA contributions

Solo 401(k) contributions

Real Estate / Rental Property

Complete this section only if you own rental property (not your primary residence, unless you rent part of it out).

Property Details

Number of rental properties

Total annual rental income

Total purchase price (all properties)

Approximate current value

Total annual mortgage interest

Total annual expenses (taxes, insurance, repairs, mgmt)

Tax Strategies in Use

Currently claiming depreciation?

Cost segregation study done?

Do you actively manage the property?

Considering a 1031 exchange?

Is this a short-term rental (Airbnb, avg stay under 7 days)?

Your Personalized Tax Analysis Prompt

Ready to paste

Open Claude →