Free TurboTax W-4 Calculator

If you are filling out paperwork for a new job and you want to determine your required withholding based on your current income level, you will definitely want to take advantage of the TurboTax W-4 Withholding Calculator: https://turbotax.intuit.com/tax-tools/calculators/w4/


This online calculator allows you to enter both your and your spouse's pay as well as a number of other factors such as your number of children as well as how much you pay for child care expenses etc. 

Based on this information, the online W-4 Calculator can provide you with the necessary information to specify your correct withholding on your W-4 Tax Forms!

How cool is that??

Free TurboTax Tax Calculator

If you have used TurboTax in the past, you may know that new versions are released towards the end of each year.

However, if you do not want to wait until the end of the year to determine how much you currently owe on taxes, you will find it handy to know that TurboTax has a free online Tax Calculator that allows you to estimate how much you may owe on taxes: https://turbotax.intuit.com/tax-tools/calculators/taxcaster/index.jsp?cid=all_cjtto-2278782_int&priorityCode=3468341816&SID=

This is particularly important for business owners that may need to calculate their taxes to ensure they have sufficient deductions as they approach the end of the year.  If the taxes owed are too high, they can plan accordingly to spend their existing reserves to increase their overall deductions.

While the online Tax Calculator can certainly not compare with the full version of TurboTax, it is certainly very helpful and useful in planning your budgets and expenses based on taxes owed throughout the course of the year!!