Taxes Suck: USA Federal State

Non-refundable credits such as the child tax credit are only being applied to the regular income tax BEFORE Other Taxes, such as excess APTC repayment, are added. This is incorrect for Form 1040. This results in a portion of the non-refundable credit being wasted/lost if the credit doesn’t fully offset the regular tax, resulting in taxes owed due to the Other Taxes which should have been offset by the remainder of the non-refundable credits after all taxes are added.

I found this app very useful to get a quick overview of my tax situation, it’s easy to use and includes helpful tips. The one aspect I found confusing is the field “Projected Federal Tax Withholding” - I had expected that exactly this field is the output of the analysis: where am I projected to land and is this sufficient, based on my income details, tax status, and perhaps ability to enter additional withholding per paycheck. I’ve done the math myself, but would find it more intuitive if it calculated it for me.

This is a great app! Very simple and easy to use. No CPA necessary! I hate the uncertainty of how much to withhold and wondering if I’m going to owe at the end of the year. Once you enter some basic info this app shows how much federal and state tax you should be prepared to pay. No more guessing. So helpful! I also love that there are no ads/in app purchases.