tax estimator software: thank you to creator and to forum members who recommend
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tax estimator software: thank you to creator and to forum members who recommend
I just finished my 2021 taxes and wanted to give a shout-out to https://www.mortgagecalculator.org/calc ... ulator.php which I used to estimate my taxes in advance and to double check my algebra now. This is the first year I ran into NIIT (too eager to exit a long-held position) and this application includes the relevant NIIT percentage. I also want to thank forum members who consistently recommend this specific web site for tax estimates, with the acknowledgement that its web address is somewhat misleading. I would have not known (or believed it was relevant) without your recommendations. Thank you! This is a great resource!
Re: tax estimator software: thank you to creator and to forum members who recommend
You can also do an easy tax estimation by opening last year's Turbotax, going to View Forms, type "what" in the search bar, then open the "What-If" form. You can copy the data from col 1 to col 2 by checking a box, then you can change the numbers in col. 2 to do your estimation. You can also check a box to apply this year's tax calculation. Easy peasy.
The difficulty with jazz is there are too many notes. (Borrowed from Emperor's critique in Amadeus)