Is 2023 tax planner available?

leishirsute

Just curious if any of the R45.xx versions have the 2023 tax planner. I'm staying off of R45 until FIND/Replace function is fixed but use the tax planner.  Could be a quandary.

SomebodyInGNV

It doesn't work yet. In my copy (45.21) you can't set the tax year to 2023. Despite that, the tax payments system doesn't list any 2022 payments but the projected amount shows 2023 scheduled payments.

leishirsute

Yes.  2022 tax plan reporting is also messed up for those trying use it for final quarter of estimated taxes.  It nows uses 2023 estimated tax data even though 2022 year is selected.  Hopefully, this will be resolved when the tax planner is updated for 2023.

Doug Obee

Was it a surprise that we are now in 2023? I would like to set up my tax planner.

Rocket J Squirrel

SomebodyInGNV said:

It doesn't work yet. In my copy (45.21) you can't set the tax year to 2023. Despite that, the tax payments system doesn't list any 2022 payments but the projected amount shows 2023 scheduled payments.

leishirsute said:

Yes.  2022 tax plan reporting is also messed up for those trying use it for final quarter of estimated taxes.  It nows uses 2023 estimated tax data even though 2022 year is selected.  Hopefully, this will be resolved when the tax planner is updated for 2023.

Try the workaround for tax year 2022 in this post. It should work in both R44 and R45.

https://community.quicken.com/discussion/comment/20327836/#Comment_20327836

leishirsute

@Rocket J Squirrel That workaround DID help for 2022. Thanks.

dspowell

In Windows Premier R47.11 the 2023 Tax Planner is still using 2022 YTD data in several categories (Taxable IRA/Pensions, Withholding (Self)). I've reported this multiple times and reviewed with Quicken support multiple times, but still has not been corrected.

leishirsute

@dspowell I've given up on the Quicken tax planner for the actual taxable income amount and use a spreadsheet.  I still use the tax planner to get the gross income but manually put in the pension income and Roth conversions. 

markus1957

If you have scheduled reminders or actual transactions for 2023, Tax Planner will use those. If you do not, it will use 2022 values plus the inflation factor as an estimate. 

leishirsute

markus1957 said:

If you have scheduled reminders or actual transactions for 2023, Tax Planner will use those. If you do not, it will use 2022 values plus the inflation factor as an estimate. 

Is it selectable to use scheduled, no projected data, or manually entered. , is it automatically deciding to use 2022 values?

markus1957

leishirsute said:

markus1957 said:

If you have scheduled reminders or actual transactions for 2023, Tax Planner will use those. If you do not, it will use 2022 values plus the inflation factor as an estimate. 

Is it selectable to use scheduled (Yes if you have scheduled reminders for 2023 or actual transactions from 2022. No, it will not be selectable if neither is true.), no projected data (Yes), or manually entered (Yes). , is it automatically deciding to use 2022 values? (Yes)

See comments in bold.