To get the most accurate tax estimate in ZenBusiness Money Pro, make sure you set up your tax profile.
You can set up your tax profile one of two ways. When you’re a first-time user, you’ll be presented with a pop-up window on the Taxes page that will prompt you to set up your tax profile. Or, you can navigate to the Taxes page → gear icon.
You'll be able to select the state in which you will file your taxes, your state and federal filing status, number of exemptions, and your annual W-2 salary before taxes (if you have a salaried job, in addition to owning a business or working as an independent contractor).
Important to note: ZenBusinessMoney Pro’s Tax Engine doesn't estimate any taxes owed on your W-2 income, since those are already withheld; however, it’s important to add your annual W-2 salary so ZenBusiness can estimate your business taxes using the correct bracket(s). If you’re married filing jointly and your spouse has W-2 income, include their annual salary in this field as well.