Planning comparison, not a complete tax return. Local taxes and state disability/payroll deductions are excluded. The 1099 side also excludes business expenses, health insurance and retirement-plan differences. QBI is modeled only at or below the 2026 taxable-income-before-QBI threshold; above it, $0 is applied because SSTB/W-2-wage/UBIA phase-in rules are unsupported, not because you are necessarily ineligible. Capital gains, loss carryforwards and the eligibility-dependent $400 minimum deduction are not modeled.