Tax profile & estimate
Want to get a better idea of what your tax bill or refund might look like for the current year? The Tax Estimate feature in your Tax Profile gives you a quick estimate based on the information you provide.
Your Tax Profile is also where you can keep important tax and work information up to date. You can add details that help calculate your tax estimate, manage your jobs and businesses for allocating income and expenses, and update certain deduction settings, such as whether you have business travel or meals.
Keeping your Tax Profile up to date helps Keeper provide a more accurate tax estimate and properly organize your transactions.
📝 Note: Keep in mind that while the estimate provides a helpful ballpark figure, it doesn’t take into account other sources of income, credits, or deductions that will be factored in during the actual filing process. Think of it as a useful guide, but not a final calculation. Your actual tax bill or refund may vary once you complete your filing with us and submit your return for review.
Navigation: Profile -> Tax profile & estimate
Understanding your tax profile
Your Tax Profile includes important information about your income, work, certain tax credits, and deductions that may be used to calculate your tax estimate. You can access your Tax Profile through Tax Estimate in the Bookkeeping tab or directly from the Profile tab on the web dashboard by selecting Tax Profile.
Below, we’ll walk you through each section of your Tax Profile and explain how the information is used.
Personal info and Income
In this section, you can update your:
- State of residence
- Tax filing status
- Dependents (if any)
Jobs & Income
Here, you can add or edit the types of work or businesses you have by selecting + Add job under Jobs & Income.
If you don’t see an exact match, simply type in your job or business name. You can then select it as an option and add it to your freelancing details. Once you select a job role, you'll need to select an entity type.
The jobs you add here are also used to allocate transactions in the Bookkeeping tab. As you continue using Keeper, the app learns from your spending patterns to help categorize your transactions and identify potential deductions based on the work you do.
To add estimated income under Jobs, select a job (or + Add job) and fill in Estimated income (optional) for that job. Each job row shows the income you entered for it. If you're filing jointly, your spouse's jobs are listed separately under Spouse's jobs.
To delete a job, select the job and select Delete job.
Credits and deductions
Here, you can enter the amounts you paid toward student tuition, mortgage interest, and traditional IRA contributions for the year. If any of these don’t apply to your tax situation, you can simply leave the corresponding fields blank.
Travel and business meals
Next, you’ll find toggle switches for common deductions, such as business meals and travel expenses. Use these toggles to indicate whether these types of expenses apply to your self-employed work or business. You can indicate whether you have business meals with clients or colleagues or travel for business purposes.
For more deduction options and configurations, check out the Rules feature in the Bookkeeping tab.
Taxes Paid
In the final section of your Tax Profile, you can enter the federal and state income taxes withheld from your W-2, as well as any quarterly estimated tax payments you’ve made for the year. This information helps Keeper provide a more accurate estimate of your potential tax bill or refund.
Login Credentials
To access your Login credentials go to the Profile tab > Login credentials.
Keeper uses email and your phone number (via SMS) to log you in, so it is important to keep these details updated!
Here, you can easily update your name, email address, and phone number.
📝 Note: Since you can log in using either your phone number or email address, if you’ve forgotten one, lost access to it, or changed your contact details, you can still use the other to access your account. Once you're logged in, be sure to go to the Profile tab > Login and credentials section to update your phone number or email address.
If you have any questions or concerns, please don't hesitate to let us know! We'll be happy to help you out.