To get the most accurate tax estimate in Hurdlr, make sure your Tax Settings on your Taxes dashboard are fully set up.
To check and make edits to your Tax Settings:
- On the mobile app, tap Taxes > gear icon in the top-right corner
- On the web app, click the gear icon in the top right and select Tax Profile
From there you'll be able to set your tax state, state and federal filing status, number of exemptions, and your annual W-2 salary before taxes (if you have a salaried job in addition to owning a business or working as an independent contractor).
Note: Hurdlr's Tax Engine doesn't estimate any taxes owed on your W-2 income, since those are already withheld; however, it’s important to add your annual W-2 salary so Hurdlr can estimate your business taxes using the correct bracket(s). If you’re married filing jointly and your spouse has W-2 income, include their annual salary in this field as well.