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March 22, 2023
Question

How can I get a head start on next year's (2023) taxes as a means of tax planning?

  • March 22, 2023
  • 2 replies
  • 0 views
 I am retired and my income is somewhat predictable.  So, I wish to do some trial runs throughout the year to see what my situation will be.  Thanks

2 replies

March 22, 2023

TurboTax has a tool called TaxCaster to give you an idea of your tax liability and/or refund. You can vary different items and see how that could impact your return. Click here for TaxCaster

 

There are additional tools at the bottom of the page. 

March 22, 2023

Chenuk1

I use the previous year's TurboTax, open a new return, go to 1040 form, and force entry expected bottom line values.

best    jeff 

April 4, 2023

patnjeff,

 

That's what I was expecting I have to do but everytime I login, it only give me access to my completed 2022 tax return.  There is no option for me to start a new one - even for 2022.  

 

 

Employee
April 4, 2023