If you're not seeing your situation covered, you can use TurboTax to get an estimate, and file there if you want to. While they just provide an estimate, as long as your tax situation isn’t overly complicated, the results will generally be pretty close. Thanks for the feedback! As you've noticed, TaxCaster is a refund estimator and doesn't have all of the possible tax situations, but the most common ones that people have. TurboTax has launched something new called TaxCaster, and it is a quick calculator that can help you determine what your tax bill or refund will look like. Just totally inaccurate for our situation.
That single aspect can swing your tax refund in a huge way, and it’s not included in this app as far as I can tell.īeyond that, it was easy to use and the interface was pleasant. And If you are over the amount to qualify, you pay it ALL back and end up owning THOUSANDS of dollars on your tax return. Discounts are granted based off estimated AGI at the start of the year, if your AGI ends up higher at the end of the year, you have to pay back the discount at tax time. It doesn’t account for ACA healthcare (Obamacare) and federal discounts received, which was the crucial thing I needed it for.
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