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[USA] Is there a decent calculator that can help me estimate my taxes for different scenarios? (self.nostupidquestions)

submitted 1 week ago by acetanilide to c/[email protected]

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In the USA. Would be great if the calculator also had a state version but it's ok if not.

I was awarded SSDI this year and am currently withdrawing money from my IRA to stay afloat.

I found the IRS forms - mainly in publication 915 - to calculate my tax burden, but because I also got a lump some from SSDI backpay this year it feels too complicated.

Basically I am trying to see if it makes sense from a tax perspective to withdraw more from my IRA before the end of the year or to wait til next year, and if so, how much more.

I am single and only ever do the standard deduction. I don't think I qualify for the earned income credit or any other credits that I'm aware of. I'm not in a state with the new IRS direct file program unfortunately.

So does anyone know of a basic calculator I can run different amounts through?

Thanks

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[–] mvirts 3 points 1 week ago* (last edited 1 week ago)

Idk... Maybe start a return on a TurboTax like site and try different options? Definitely don't give any payment info.

I've used taxact for the past 2 years to no I'll effect