Understand your taxes. Plan ahead.

What is a tax projection?

It’s an estimate of your taxes based on your expected income, deductions, credits, and payments. TaxAhead estimates your federal and supported state taxes, helping you see whether you may owe or receive a refund—and explore how financial decisions could affect your results.

Why plan throughout the year?

Taxes generally must be paid as income is earned. If you’re self-employed, own a business, or receive investment or rental income, you may need quarterly estimated payments. Paying enough on time helps avoid underpayment penalties and a large tax bill.

TaxAhead helps you review your payment needs and adjust your plan as your circumstances change.

What you’ll need

• ✓Your filing status, your state, and the ages of the people in your household
• ✓Your expected income for the year: wages, business or self-employment income, investments, rental or partnership income
• ✓Taxes already paid: paycheck withholding and any estimated payments
• ✓If they apply: deductions like mortgage interest, property taxes or charitable gifts, costs like childcare or education, and retirement contributions
• ✓Optional: last year’s total tax and AGI, to work out the least you can pay without a penalty

What you’ll get

• ✓Your estimated federal and state refund or balance due (in states we don’t calculate yet, a tax professional prepares the state part)
• ✓A line-by-line breakdown in the order of your tax return
• ✓Your next quarterly estimated payment, with the amounts that avoid an underpayment penalty
• ✓A summary you can print, email yourself, or keep in your account
• ✓With the annual plan: update your projection all year, compare “what-if” scenarios, and get a reminder before each quarterly deadline