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Get your taxes done using TurboTax
No, TaxCaster is not working right. It's using the 2023 bracket limits for qualified dividends and long-term capital gain, instead of the 2024 amounts. I'll report the problem.
BUT NOTE: The NerdWallet calculator does not apply the standard deduction or itemized deductions. It says at the top that it "does not take into account factors that may affect your total tax picture, such as standard or itemized deductions." To get a true tax figure you have to adjust the income amounts that you enter to account for the standard or itemized deductions. And obviously there are a lot of other things that TaxCaster takes into account that the NerdWallet calculator doesn't even ask about.
‎December 10, 2024
8:35 PM