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 Forms IRS Form 1040: A Quick Guide to Filing Your Tax Return Tax Forms What is a W-2 Form? A Taxpayer’s Guide to W-2 Forms Tax Forms W-9 Form and Taxes: What Independent Contractors Need to Know Tax News Gen Z Forgets About Tax Refunds: 54% of Gen Z Don’t Know the Tax Deadline (A TurboTax Survey) Investments Gambling Winnings Taxes: An Intro Guide Income Tax by State Utah state income tax in 2025: A guide Income Tax by State South Dakota state income tax in 2025: A guide Tax Tips March Madness Tax Tips: How Student-Athletes Can Score Big with NIL Deals and Deductions Tax Forms Form 2210 Instructions: How to Calculate and Pay Estimated Taxes to Avoid Penalties Tax Forms What is Form 720? Understanding the Ins and Outs of Quarterly Federal Excise Tax Returns