Author Topic: Best thing I've ever found on the internet - TaxCaster  (Read 2477 times)

CDP45

  • Pencil Stache
  • ****
  • Posts: 509
Best thing I've ever found on the internet - TaxCaster
« on: March 12, 2015, 07:25:55 PM »
well...besides MMM :)

OMG, clearing my weekend schedule:
https://turbotax.intuit.com/tax-tools/calculators/taxcaster/

Gonna figure out a way to be a 15%-er..

Retire-Canada

  • Walrus Stache
  • *******
  • Posts: 7729
Re: Best thing I've ever found on the internet - TaxCaster
« Reply #1 on: March 12, 2015, 07:48:21 PM »

Gonna figure out a way to be a 15%-er..

I paid 13% tax for 2014 - self-employed professional....many deductions and maxed tax advantage accounts.

High marginal tax bracket and not married/no kids.

-- Vik
« Last Edit: March 12, 2015, 07:50:22 PM by Vikb »

skyrefuge

  • Handlebar Stache
  • *****
  • Posts: 1007
  • Location: Suburban Chicago, IL
Re: Best thing I've ever found on the internet - TaxCaster
« Reply #2 on: March 12, 2015, 07:58:48 PM »
Given the disappointing lack of porn at that site, I can't quite agree, but it is tremendously useful. Particularly if you frequently answer questions in the MMM forum's Investor Alley. I probably throw something at it a couple times a month.

CDP45

  • Pencil Stache
  • ****
  • Posts: 509
Re: Best thing I've ever found on the internet - TaxCaster
« Reply #3 on: March 12, 2015, 10:16:13 PM »

Gonna figure out a way to be a 15%-er..

I paid 13% tax for 2014 - self-employed professional....many deductions and maxed tax advantage accounts.

High marginal tax bracket and not married/no kids.

-- Vik




I meant to convey staying in the 15% marginal bracket...leaving 0% tax for qualified dividends...need to learn about that magic!
« Last Edit: March 12, 2015, 11:01:34 PM by CDP45 »

MDM

  • Senior Mustachian
  • ********
  • Posts: 10092
Re: Best thing I've ever found on the internet - TaxCaster
« Reply #4 on: March 12, 2015, 10:21:05 PM »
I meant to convey staying in the 15% marginal bracket...leaving 0% tax for qualified dividends...need to learn about that magic!
To that end it would be even better if there were a 2015 version available now.  Yeah, I know that's nitpicking, because it really is a nice tool.  But one can wish....

FabricStache

  • 5 O'Clock Shadow
  • *
  • Posts: 34
  • Location: Sunny Southern California
Re: Best thing I've ever found on the internet - TaxCaster
« Reply #5 on: March 13, 2015, 08:09:34 PM »
Very interesting.  Thanks for sharing.