Hi, Louisiana dropped its tax rate for 2025. Has TurboTax updated its calculations of estimated tax for 2025 to reflect the new tax laws? A suggestion to TurboTax is to make update information easily available within the app so that I can be confident that my calculations are accurate.
Thanks for clarification,
Susan
"Has TurboTax updated its calculations of estimated tax for 2025 to reflect the new tax laws? "
We in the Community cannot answer that question because we are not that close to the development teams. However, I would not be surprised if no work had been done on estimated taxes based on changes that will happen in 2025, especially since those changes by the state legislature are surely not complete.
In any case, you understand that the estimated tax amounts are just that - estimates - and are not cast in stone. You are free to increase, decrease, or just ignore the estimated amounts, based on your own developing situation.
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