If you're self-employed, you've probably been encouraged to set aside 30% of each paycheck in federal taxes
2019 Quarterly Tax Estimator
What is it about?
If you're self-employed, you've probably been encouraged to set aside 30% of each paycheck in federal taxes. Often this is much higher than is required and is money you could better spend on investments or you own personal life.
App Screenshots
App Store Description
If you're self-employed, you've probably been encouraged to set aside 30% of each paycheck in federal taxes. Often this is much higher than is required and is money you could better spend on investments or you own personal life.
Knowing how much to save doesn't have to be a shot in the dark, and you shouldn't have to spend hours filling out the 1040, running numbers, and hoping you didn't make a mistake.
Catered towards self employed individuals, this tax app allows you to estimate federal taxes for each quarter and see a paycheck to paycheck amount to save for tax payments in a much more accurate amount than 30%.
It would be a nice feeling to get to the end of the year and realize you didn't overpay a large portion and have to wait for a refund or underpay and owe a penalty.
Some highlights
- Estimates quarterly taxes.
- Works with a combination of wages and business income
- Projects income for the year and makes intelligent guesses at your predicted income and taxes for the year. Helps you plan how much to save to meet those payments.
- Setup your tax profile for more accurate taxes
It also includes some adjustments to income:
- Educator Expenses
- Self Employed Health Insurance
- Health Savings Account
- Student Loan Interest
Some popular non-refundable and refundable credits are also included:
- Credit for child and dependent care expenses
- Education credits
- Retirement contributions credit
- Child tax credit
- Mortgage interest credit
- Adoption credit
If you're coming from the 2018 Quarterly Tax Estimator, this version no longer includes
- Obamacare Premium tax credit net or excess usage
- Obamacare Individual Mandate Penalty Calculation
- Credit for the elderly or the disabled
- Alternative motor vehicle credit
- Plugin electric drive vehicle credit
Estimates 2019 Federal Quarterly Taxes for the 2019 tax year filed in 2020.
Privacy: Worried about your financial privacy? No servers are involved in using this app meaning only you have access to your data. All information exists solely on your device. If you uninstall the app or your phone gets erased so does your data (although you can make a backup).
For more information see our terms of use and privacy policy
https://quarterlytaxes2019.codingfriend.com/terms-of-use
https://quarterlytaxes2019.codingfriend.com/privacy-policy
Note: Please turn on automatic updates for the app. If we need to fix an inaccurate calculation we want to make sure you always have the latest update.
To use the App, you must purchase a subscription using our in-app payment system. Auto-renewable subscriptions will be charged automatically for every month.
Subscriptions
Purchasing a subscription is required before using most features of the app. There may be a trial period given before a payment will be processed.
- Payments will be charged at the end of the trial period or immediately to iTunes Account at confirmation of purchase.
- Subscription automatically renews unless auto-renew is turned off at least 24-hours before the end of the current period
- Account will be charged for renewal within 24-hours prior to the end of the current period, and identify the cost of the renewal
- Subscriptions may be managed by the user and auto-renewal may be turned off by going to the user's Account Settings after purchase
- Any unused portion of a free trial period, if offered, will be forfeited when the user purchases a subscription to to that publication, where applicable
Disclaimer: This app roughly estimates U.S.A federal taxes. Do not use this app as your only method to determine taxes. It provides no liability or warrantee of any kind. The app gives you a general estimate, exact numbers will depend on your particular situation. Though we strive for accuracy, we cannot guarantee our App will be free from calculation errors.
AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to takedown@appadvice.com and your information will be removed.