The Advanced Tax Planning feature enables you to automatically calculate estimated income taxes for every year of the financial plan.
If you have entered effective tax rates using the Basic Tax Planning feature, whenever you toggle the scenario to use Advanced Tax Planning, the automatic tax calculations will override anything entered under Basic Tax Planning.
This guide will show you how to get to the Advanced Tax Planning page from the Structured Income Plan page and will explain the functions on the advance tax planning page.
If you haven't followed the steps to ensure your accounts, incomes, and expenses are setup correctly for Advanced Tax Calculations, see articles:
- Tax Calculation Options: Adding Assets into a Structured Income Plan
- Tax Calculation Options: Adding Incomes and Expenses into a Structured Income Plan
To learn more about Advanced Tax Planning functions see articles:
- Understanding the Advance Tax Planning Page
- Capital Gains Not in Accounts
- Other Schedule 1 Income: a K1 Hypothetical Example
- Other Schedule 1 Income: An Employer Match 401(k) Hypothetical Example
- Income Adjustments
- Schedule A Override
- QBI Override
- Tax Credits
- Approx. State Tax
To learn more about forecasting effective tax rates see articles:
Step 1: Edit: Click on the green Edit button underneath the Structured Income Planning Heading.
Step 2: Add Inc Tax: Click on the green Add Inx Tax button underneath the Structured Income Planning Heading.
Step 3: Tax Name: Choose or customize the title for the Approx Income Tax column. 
Step 4: Use Advance Tax Planning: Click on the green Use Advance Tax Planning button underneath the Manage Tax heading.
Step 5: Enter Additional Tax Details Not Modeled Elsewhere in the Plan: This table allows you to enter any adjustments to tax calculations for any year of the plan. These would be used if there is a tax liability not already modeled in the income plan.
Note that you can enter both positive and negative numbers. For example, a long-term capital gain should be a positive number while a long-term capital loss should be a negative number.
Step 6: Roll Down Buttons: The "Roll Down" button copies data for all 40 years for that column in the table. This could be useful for consistent numbers like an Approximate State Tax %.
Step 7: Save: Click on the green save button underneath the Manage Tax Heading.
Step 8: Structured Income Plan: You will be automatically taken to the Structured Income Plan page where the taxes should now be automatically calculated. Take note to verify the accuracy of your account and incomes/expense taxability settings. 
Step 9: Income Tax Column Title: The title of this column has been changed to the new name that was entered in Step 3.
Step 10: Display Options: Click on the green Display Option button underneath the Structured Income Planning heading.
Step 11: View Tax Rates: Click on the green View Tax Rates button within the Column Display Options textbox.
Step 12: Structured Income Planning Income Tax Column: The percentage amounts should have automatically been displayed in the structured income plan.
Step 13: Save: Click on the green save button underneath the Structured Income Plan Heading.
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