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Get your taxes done using TurboTax
Thank you for the detailed info that helps clarify timelines.
But we would also like to begin simulation of what our S-Corp and Personal Taxes will look like for the 2020 year. So we wanted to start punching in various tax scenarios, Gross income, 501c3 donations, expenses, etc...
Is there a recommended way to simulate what our taxes will be with TurboTax or another software?
Thank you for any recommendations how to best approach tax scenario simulation.
PS: I do know for 2020, the CARES ACT provides new deductions and various changes (for 2020 only).
‎November 15, 2020
7:52 AM