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Tax Setup
How do I complete my tax setup? (US)
How do I complete my tax setup? (US)
Updated over a week ago

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:

  1. On the mobile app, tap Taxes > gear icon in the top-right corner

  2. On the web app, click the gear icon in the top right and select Tax Profile

From there you'll be able to indicate different factors of your personal tax situation, so Hurdlr can provide the most accurate estimate. These include:

  • Your state

  • Your state and federal filing status

  • 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)

  • The number of state exemptions you can claim (if applicable)

  • The amount of you W-2 withholding (if applicable)

  • The total annual amount you expect to earn in 1099 income (if you want to use your own estimate rather than what has been tracked in Hurdlr)

  • If you are using the Standard Mileage Rate, or if you are deducting auto expenses separately

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.

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