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New Member
posted Jul 18, 2022 9:15:37 AM

Where do i find a good program to estimate what I will owe in taxes for 2022 (filing return in 2023)?

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3 Replies
Level 15
Jul 18, 2022 9:45:49 AM

Try this - https://www.efile.com/estimate-tax-refund-for-2022-return-calculator/

Or this - https://www.calculator.net/tax-calculator.html

 

Not a recommendation.  Just use Google search.

Level 15
Jul 18, 2022 10:17:39 AM

In the future, buy the download version of TurboTax, rather than using online TT (TTO).

 

If you used the download (or CD) version of TurboTax (TT), that is, you currently have TT 2021 on your computer, make a copy of your 2021 return (click file / save as). Name it something like "2022 Preliminary" and then replace your 2021 entries with your 2022 estimates. It won't be exact because the program uses 2021 tables and numbers. But, it should be close enough for most purposes. I use the override feature to change the standard deduction and MAGI numbers, on the forms, where appropriate. This doesn’t work with online TT, because you will override your 2021 return.

Level 15
Jul 18, 2022 11:02:03 AM

The CD/Download TurboTax software also has a What-If Worksheet that you can use in forms mode to quickly and easily estimate your 2022 tax. It lets you copy the figures from your 2021 tax return, make adjustments as needed, and check a box to use 2022 tax rates. The What-If Worksheet does not affect your actual tax return.