Five income types, five sets of levers

The Tools Available Depend Entirely on How the Income Is Classified.

What works for W-2 wages rarely applies to K-1 income, and what works for capital gains has little bearing on business income. Here’s how the levers break down by income type.

1

W-2 Wages (Hardest to Offset)

  • Maximizing 401(k), HSA, and FSA opportunities
  • Short-term rental losses with material participation
  • Real Estate Professional Status (where applicable)
  • Charitable bunching using Donor-Advised Funds
  • Oil & gas working interests (IDCs)
2

Business & Self-Employment Income

  • Solo 401(k), SEP-IRA, or defined benefit plans
  • S-Corp structuring and reasonable compensation
  • Augusta Rule (§280A(g)) home rental strategy
  • Hiring family members correctly
  • Accountable plan reimbursements
3

Interest Income

  • Municipal bonds for federal (and often state) efficiency
  • U.S. Treasuries for state tax exemption
  • Strategic asset location across accounts
4

Dividends & Capital Gains

  • Qualified vs. ordinary dividend placement
  • Long-term holding and tax-loss harvesting strategies
  • 1031 exchanges and Opportunity Zones
  • Installment sales (§453)
  • Charitable trusts and primary residence exclusions
5

Rental & K-1 Income

  • Cost segregation and bonus depreciation
  • Grouping elections (§1.469-4)
  • Passive vs. active classification
  • Monitoring at-risk, PAL, and EBL limits

The coordination lens

It Isn’t About More Complexity — It’s About Alignment.

How we think about it

Income type → Account and entity structure → Appropriate tax levers → Thoughtful implementation alongside your CPA and attorneys.

The objective isn’t more complexity — it’s clarity, alignment, and fewer unintended consequences.

The next step isn’t a product

It’s Simply a Conversation.

If this way of thinking feels aligned, the next step is determining whether coordinated planning can meaningfully add value for your specific situation.

This content is provided for educational purposes only and does not constitute tax, legal, or investment advice. Individuals should consult with their own tax professional to evaluate how any tax-related considerations may apply to their specific situation.