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Using the Wage Projector in Intuit Tax Advisor

by Intuit Updated 4 weeks ago

The pre-strategy baseline (PSB) Wages screen has been enhanced to support entering a YTD paycheck for each W-2, and projecting the annual wages and taxes withheld. The Wage projector is initiated from the calculator icon in the Wages field.  

  • The calculator supports annualizing Wages based on multiple pay period intervals, such as monthly, bi-weekly, etc. 
  • Federal tax withheld is also annualized. 
  • Social security wages and taxes are capped based on the annual wage limits.
  • Additional deductions are annualized, but may not be limited based on annual limitations (yet).
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