Tax Planning TurboTax Life Events Calculator Helps Estimate Tax Savings Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxLisa Published Jul 1, 2020 - [Updated Feb 8, 2024] 1 min read Whether you got married, had a baby, or purchased a home last year, your life events and moves you make can feel exciting, scary, emotional, and expensive all at once. Although life’s transitions may bring about some expenses, these life changes can also bring big tax breaks at tax-time. Don’t worry, no matter what time of year you face life’s transitions, TurboTax has you covered with tools, resources, and tax experts to help you understand how your life events and moves you make impact your taxes. Check out our Life Events Calculator, which helps you understand how life changes impact your taxes and gives you an estimate of how much your 2023 life changes can save you on your 2023 taxes. *Note: Our Life Events Interactive Calculator is for estimation purposes only based on your entries and doesn’t cover all possible deductions, credits or life events. $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Previous Post Virtual Wedding? Deduct Your Wedding Dress on Your Taxes! Next Post TurboTax Launches the TurboTax Unemployment Center Written by Lisa Greene-Lewis Lisa has over 20 years of experience in tax preparation. Her success is attributed to being able to interpret tax laws and help clients better understand them. She has held positions as a public auditor, controller, and operations manager. Lisa has appeared on the Steve Harvey Show, the Ellen Show, and major news broadcast to break down tax laws and help taxpayers understand what tax laws mean to them. For Lisa, getting timely and accurate information out to taxpayers to help them keep more of their money is paramount. More from Lisa Greene-Lewis Follow Lisa Greene-Lewis on Twitter. Comments are closed. Browse Related Articles Investments Tax Benefits of Real Estate Investing Self-Employed Business Tax Checklist: What You’ll Need When Filing Uncategorized What Is Deferred Compensation & How Is It Taxed? Investments How Does an Inherited IRA Work? Work Choosing Your Business Structure: 5 Types of Businesses… Tax Deductions and Credits Are HOA Fees Tax Deductible? What You Need to Know Crypto Understanding Crypto and Capital Gains Work 7 Things You Need to Know About the New Business Report… Work Using Form 8829 to Write-Off Business Use of Your Home Tax Tips Roth 403(b) vs. Roth IRA: Which Should You Invest In?