TaxCut offers you some tools to help you with your tax planning for next year.
H&R Block's Tax Estimator gathers information about your personal situation, your 2008 income and expenses and your 2007 tax payments. Using the information gathered, it estimates your 2008 taxable income, your 2008 tax, your 2008 credits, and your 2008 refund or tax due.
2008 Estimated Taxes or Wage Withholdings Planner helps you complete a W-4 for your 2008 wages withholding, complete 2008 estimated tax vouchers, or both to make sure your 2008 tax payments are on track.
H&R Block's Alternative Minimum Tax Planner helps you determine whether you will owe alternative minimum tax in 2008. You can also determine if you can reduce your tax by timing your income and expenses.
H&R Block Advantage Report gives you specific tax tips and planning suggestions geared to your individual tax situation.
If you are not already on the Plan tab, click the Take Me To...button, scroll to the end of the list of topics and select Tax Planning.
Click Go To.
On the Tax Planning window, check the boxes next to the tools you want to use, and then click Next.
Follow the instructions that TaxCut displays.
For more details, see:
How do I know if I need to pay estimated tax?