better tax planner?

elprezz
elprezz Quicken Windows Subscription Member
in Before you Buy

I have Quicken Classic Deluxe and have used the tax planner for many years to estimate quarterly tax payments and do scenario tax planning. I'm disappointed they haven't made it more robust or updated it in 2025 for the tax bill. For example, It still caps state and local taxes at $10,000! My question: Is Quicken Classic Premium any better in the tax planner area? Or, is it the same tax planner that's in Deluxe? I would upgrade to Premium if I knew it was a more robust program in this area. Does anyone know?

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  • Chris_QPW
    Chris_QPW Quicken Windows Subscription Member ✭✭✭✭
    Answer ✓

    It is the same in all editions.

    Signature:
    This is my website (ImportQIF is free to use):

    http://www.quicknperlwiz.com/

  • Boatnmaniac
    Boatnmaniac Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited January 1

    For example, It still caps state and local taxes at $10,000!

    What version do you have installed? The 2025 tax code changes were updated with R65.29 so you should update to that if you have not already done so.

    BTW, most of the true tax softwares, such as TurboTax, H&R Block, TaxAct and others, do not finalize their softwares with the current year tax code changes until the 1st week or so in January. So, in this regard, Quicken is a bit ahead of the curve compared to them.

    But all-in-all, Quicken Classic should not be considered to be a tax software. At best it is a reasonably good tool for reasonable ballpark tax planning but it is not fully accurate nor comprehensive. Those who need better and more comprehensive tax planning should really be considering investing in a true tax software.

    Quicken Classic Premier (US) Subscription: R65.29 on Windows 11 Home

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