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 Dec 3, 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 2024 life changes can save you on your 2024 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 Tax News Gen Z Forgets About Tax Refunds: 54% of Gen Z Don’t Know the Tax Deadline (A TurboTax Survey) Tax Tips The White Lotus Tax Lessons: Navigating Gift Taxes, Lump Sum Payouts, Hush Money, and the IRS TurboTax News Had a Life Change? TurboTax CPAs and EAs Will be by Your Side with Our New Offering TurboTax Live Tax Deductions and Credits 12 Ways to Save on Taxes Through Life’s Transitions Latest News How to File Taxes for Free with TurboTax Mobile App Offer Tax Reform New! TurboTax Tax Reform Calculator Educates on How Tax Reform Impacts You Income Tax by State Nevada State Income Tax in 2025: A Guide Latest News President Trump’s Tax Proposals: Overtime Tax, Taxes on Tips, and Tax Cuts and Jobs Act Extension and More Income Tax by State Michigan State Income Tax in 2025: A Guide Life Meet Drew