We sit down to recap what we saw this season and the fixes you can make before next year's return. You'll learn how Form 8606 keeps your backdoor Roth from getting taxed twice, why earned income still matters in community property states, and how Form 8958 should split income when you file separately. We get into Schedule C pitfalls, the line between a business and a hobby, the home office deduction, and why homeowners need to know about depreciation.

We also cover a safe harbor approach for 1099 earners, what to expect in your 2026 tax planning meeting, and how the new SALT cap deduction is opening up itemizing for more of our clients.

Key moments:

(02:36) Form 8606 and the backdoor Roth pitfalls we saw this season

(09:18) Community property, earned income, and Form 8958

(14:51) Schedule C and the line between a business and a hobby

(21:17) Quarterly estimated payments and safe harbor for 1099 income

(28:50) The new SALT cap: who it helps and how it changes standard vs. itemized deductions

Resources mentioned:

• IRS Form 8606, Nondeductible IRAs
• IRS Form 8958, Allocation of Tax Amounts Between Certain Individuals in Community Property States
• IRS Form 2210, Underpayment of Estimated Tax by Individuals, Estates, and Trusts
• QuickBooks

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