Intuit has introduced a free Tax Reform Calculator, along with a The calculator utilizes aggregated, anonymized tax data to compare their tax situations to others.
It helps taxpayer understand the impact of Tax Reforms on standard versus itemized deductions and credits, SALT (state and local property, income, and sales taxes), the Child Tax Credit, and AMT (Alternative Minimum Tax).
Other new tools include the TurboTax TaxCaster Online and the TurboTax TaxCaster app that allows taxpayers to estimate 2018 taxes and get a side-by-side comparison for ascertaining the new law’s impact. There is also a TurboTax W-4 Withholding Calculator.
In addition, the TurboTax Tax Reform Center provides a variety information and access to TurboTax Live CPAs, Enrolled Agents and Tax Attorneys.
