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Shelley's Financial Software Blog

By Shelley Elmblad, About.com Guide to Financial Software since 2005

Microsoft Money 2006 Tax Estimator

Monday March 20, 2006
We're almost 1/4 through the year and even if you haven't prepared your 2005 tax return yet, you can check on your estimated taxes for 2006 to ensure that you are having enough tax withheld. If you use Microsoft Money 2006, use the Microsoft Money 2006 Tax Estimator to determine if you are under-withholding or over-withholding federal income taxes from your paycheck. If you are not having the appropriate amount withheld, Microsoft Money Tax Estimator will tell you what you need to do to avoid paying penalties for under-withholding, or for providing the government with an interest-free loan through over-withholding.

Related: Microsoft Money Tax Line Manager
                Microsoft Money 2005 Tax Estimator
                About Taxes - How to Pay Estimated Taxes

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