In order to estimate how much needs to be paid, I understand one has to use Form 5805. However, I am trying to estimate for CY2024, and the only thing I can currently do is to try and estimate as if it was last year by entering some income scenarios in TT 2023. So, is there a way to model the current year in TT or is there any online calculator that can do the calculations of Form5805? Thanks!
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The IRS E=File page for California provides a Tax Estimator on their website, you can click here to visit that calculator.
Here is another link to a CA tax estimator that is provided on the California State Website, please click here.
Please feel free to come back to TurboTax Community with additional information or questions or click here for help in contacting Turbo Tax Support.
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