When building financial plans in Voyant US, tax projections are an essential part of showing clients how much of their income will actually be available for spending, saving, or investing. To simplify this process and align with common filing practices, Voyant applies the standard deduction by default.
How It Works in Voyant
When you create a new plan in Voyant US:
The standard deduction is automatically applied based on the client’s tax filing status.
This deduction reduces taxable income in the background, helping produce accurate federal tax calculations.
You’ll find this setting under Taxes and Other Financial Information on the Dashboard.
Want to turn off itemized deductions? No problem simply open up Taxes & Other information and toggle off this option in the plan .
