If you are using download TurboTax (TT), there is a What-If worksheet that can provide that info. It's not available with Online TT.
Using the TurboTax desktop...
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Q.Ca...
Q. If I switch from an agency employee to a private contractor, how much more do I need to get paid to account for taxes?
A. The simple answer is 7.65% to accou...
Q. Should the income on the w2 be reduced by expenses i'm being reimbursed for ?
A. No.Since 2018, W-2 employees are not allowed to deduct employee expenses. If...
Q.Based on the information provided do we actually qualify for the Earned Income Credit under these circumstances?
A. Yes. Note the wording on form 15111, "Did ...