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I am running TurboTax Deluxe, and I want to test how an traditional IRA contribution might change the results. Can I run simulations in TruboTax Deluxe to see effects?

 
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BrandiLO
Expert Alumni

I am running TurboTax Deluxe, and I want to test how an traditional IRA contribution might change the results. Can I run simulations in TruboTax Deluxe to see effects?

In TurboTax Online, you'll have to create a test account separate from your regular TurboTax account and create a test return there. We recommend adding "test" or similar to your User ID so you can easily distinguish it from your actual account.

For more information, please see the TurboTax FAQ below.

https://ttlc.intuit.com/replies/3301417



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3 Replies
BrandiLO
Expert Alumni

I am running TurboTax Deluxe, and I want to test how an traditional IRA contribution might change the results. Can I run simulations in TruboTax Deluxe to see effects?

In TurboTax Online, you'll have to create a test account separate from your regular TurboTax account and create a test return there. We recommend adding "test" or similar to your User ID so you can easily distinguish it from your actual account.

For more information, please see the TurboTax FAQ below.

https://ttlc.intuit.com/replies/3301417



**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Gotom1
New Member

I am running TurboTax Deluxe, and I want to test how an traditional IRA contribution might change the results. Can I run simulations in TruboTax Deluxe to see effects?

Forget simulating 2021 taxes - the forms aren't ready

(as of 12-04-2021) and won't until it's too late, January

2022 - to increase your deductions.

 

All best, Tom

 

But post here if you've heard something different!

 

I am running TurboTax Deluxe, and I want to test how an traditional IRA contribution might change the results. Can I run simulations in TruboTax Deluxe to see effects?

@Gotom1 

First you posted to a thread that is several years old and not even on your subject.

 

Next, if you need to do some tax planning for 2021 you should be using the 2020 downloaded program which is fully functional (use the what if tool in the forms mode)  or you can use the TT Taxcaster tool : http://turbotax.intuit.com/tax-tools/calculators/taxcaster  

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