You will need to switch to Forms Mode to use this worksheet. In the top left corner of your MAC program, you should see an icon that says Forms - click this icon. Then, click the option to Open Form and search for "what-if worksheet" under the Form 1040 option. See attached screenshots for a visual. This section is commonly used to compare MFS vs MFJ.
Note: You may also be referring to the Estimated Taxes section where you can add or subtract income and see if you should make estimated tax payments. If this is what you are really looking for, then you can review that section by following the steps below (or use the search feature and search for "W4")
You will need to switch to Forms Mode to use this worksheet. In the top left corner of your MAC program, you should see an icon that says Forms - click this icon. Then, click the option to Open Form and search for "what-if worksheet" under the Form 1040 option. See attached screenshots for a visual. This section is commonly used to compare MFS vs MFJ.
Note: You may also be referring to the Estimated Taxes section where you can add or subtract income and see if you should make estimated tax payments. If this is what you are really looking for, then you can review that section by following the steps below (or use the search feature and search for "W4")
I must be missing something because I don't see the value in the What-If worksheet. I expected that if I changed a number TurboxTax would recompute the taxes, but it doesn't. What am I missing?
I am trying to figure the tax implications of making withdrawals from my 401K.