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08-07-2016, 09:16 AM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2011
Posts: 8,410
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Tax Caster has Changed!
I hope I'm wrong on this but the TurboTax TaxCaster format has changed for the worse!
I like to go on and play 'what-ifs', double check things and get a sense of what my taxes will look like.
The old format was sooo easy to use and change things. Now it seems to be more of an introductory step toward deciding what software to buy.
Hard to use and not intuitive.
Someone please tell me that I'm just on the wrong URL!
So far, the Android APP hasn't changed, but waiting for the other shoe to drop. Stinks!
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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08-07-2016, 09:26 AM
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#2
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,363
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I agree... they ruined it... awful step-by-step which I never use in TT.
I'll be using this one since it includes state taxes as well as federal.
Income Tax Calculator - Tax-Rates.org
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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08-07-2016, 09:37 AM
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#3
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Thinks s/he gets paid by the post
Join Date: Feb 2014
Posts: 3,083
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Just checked it out. They ruined it. Oh well.
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08-07-2016, 10:30 AM
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#4
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Thinks s/he gets paid by the post
Join Date: Jul 2007
Location: St. Louis
Posts: 1,563
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That will be missed. But we might find a site like the old one from another company.
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08-07-2016, 10:43 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Aug 2011
Posts: 3,602
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Why not just use last years software -- that is if you loaded it onto your computer?
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08-07-2016, 11:50 AM
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#6
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Nov 2010
Location: Sarasota, FL & Vermont
Posts: 36,363
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TaxCaster is the forecasting product and is only web-based.
__________________
If something cannot endure laughter.... it cannot endure.
Patience is the art of concealing your impatience.
Slow and steady wins the race.
Retired Jan 2012 at age 56
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08-07-2016, 12:41 PM
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#7
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Recycles dryer sheets
Join Date: Nov 2013
Posts: 475
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There is an ipad app too
Sent from my iPad using Tapatalk
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08-07-2016, 01:33 PM
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#8
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Posts: 2,471
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The android version for 2015 looks the same, that is what I use.
__________________
For me experiences are not good or bad, just different
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08-07-2016, 02:38 PM
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#9
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Thinks s/he gets paid by the post
Join Date: Jan 2006
Posts: 4,172
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I can select filing status but I can't input any income/deduction numbers.
What's the trick?
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08-07-2016, 03:35 PM
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#10
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Thinks s/he gets paid by the post
Join Date: Mar 2010
Location: Kerrville,Tx
Posts: 3,361
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Actually if you have last years turbotax loaded, then go to the forms mode and load the estimated taxes worksheet. It is essentially form 1040 ES with the prior year filled in. Enter the amounts estimated for the current year and you will get the tax estimate (which would tell you about estimated taxes also)
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08-07-2016, 04:02 PM
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#11
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Dryer sheet aficionado
Join Date: Jul 2016
Posts: 26
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The iPad app seems fine to me. I've never used the web version.
Sent from my iPad using Early Retirement Forum
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08-07-2016, 07:16 PM
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#12
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,495
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 Quote:
Originally Posted by gauss
Why not just use last years software -- that is if you loaded it onto your computer?
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+1
I never had much use for Taxcaster. Tax software provides much more accuracy in my experience, and I have used this approach to get an idea of taxes through end of PF life (as the tax code stands now). Also used it to play around with Roth conversion scenarios.
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08-07-2016, 07:20 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2011
Posts: 8,410
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Quote:
Originally Posted by Options
+1
I never had much use for Taxcaster. Tax software provides much more accuracy in my experience, and I have used this approach to get an idea of taxes through end of PF life (as the tax code stands now). Also used it to play around with Roth conversion scenarios.
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I liked it as a quick and dirty 'level of the water' tool. Agreed, if you're looking for dead-accuracy you need something else, but for a quick "what-if" I found it quite useful.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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08-07-2016, 09:09 PM
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#14
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jan 2006
Location: Rio Grande Valley
Posts: 38,140
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Darn! Glad I already got our future tax modeling done.
__________________
Retired since summer 1999.
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08-08-2016, 08:22 AM
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#15
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2011
Posts: 8,410
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FWIW, I found the TaxAct online calculator to be the closest (so far) to the TT calculator.
https://www.taxact.com/tools/tax-calculator.asp
The input questions are a similar format and work pretty well.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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08-08-2016, 09:49 AM
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#16
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Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Texas
Posts: 3,024
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I also use last year's tax software. I copy the prior year return to a new file and change everything that I know about. I also use an Excel spreadsheet which produces the same answer but allows for updated rates, exemption amounts, contribution limits, standard deductions, etc. I also use the spreadsheet to accumulate certain data such as rentals, distributions, and deductions, and for long-term projections. Once I know the spreadsheet is synced up to the tax software, that's really all I use for current-year estimated payments... until late in the year when I get a new copy of the software.
I've used TaxCaster and other similar online tools in the past. But our tax situation is just complicated enough that those tools seem to fall short. I remember searching all over TaxCaster for a place to input my HSA contribution, FTC, and rental income. The online tools seem to work fine for a very basic return. But for our situation, the full software provides more accuracy and more assurance that the complex areas are handled correctly.
__________________
Retired at 52 in July 2013. On to better things...
AA: 85/15 WR: 2.7% SI: 2 pensions, SS later
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08-08-2016, 10:42 AM
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#17
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Recycles dryer sheets
Join Date: Feb 2015
Posts: 176
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I found the old version still live, they just don't have it as the default any more. Not sure if they'll leave it, but here's the link I bookmarked:
https://turbotax.intuit.com/tax-tool...ml5/index.html
And yes, that really sucks that they changed it. 
__________________
FIRE as of spring 2015!
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08-08-2016, 10:46 AM
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#18
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2011
Posts: 8,410
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Quote:
Originally Posted by FrankiesGirl
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+1 Not sure how you did/found this, but...God Love Ya!!
Thanks.
__________________
Living well is the best revenge!
Retired @ 52 in 2005
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08-08-2016, 11:38 AM
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#19
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Mar 2016
Posts: 8,968
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I buy turbo tax every year and just use that. The summary page shows all the catagories and all I have to do is make a change in the ones I want and instant feedback to the effect. It's easy and works great and my "stuff" is not in the cloud.
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08-09-2016, 11:54 AM
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#20
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Dec 2004
Location: the City of Subdued Excitement
Posts: 5,588
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Quote:
Originally Posted by grasshopper
The android version for 2015 looks the same, that is what I use.
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Me too.
Sent from my SM-G900V using Early Retirement Forum mobile app
__________________
I have outlived most of the people I don't like and I am working on the rest.
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