Can ServerLife calculate or track my taxes?

Create an expense category called Taxes, or use a name that identifies the deduction you want to record. Add the amount withheld from your paycheck to that category. You can record taxes and other deductions separately.

For instructions, see How to track work expenses.

If you want the expense to reduce your take-home earnings, turn on the option to deduct it. Recording an amount this way does not determine whether it is tax-deductible or change what you owe when filing your taxes.

How you record paycheck deductions depends on how you track your earnings.

Your hourly wages, tips and other recorded earnings are already included in your totals. Enter $0 in earnings and 0 hours if you add a paycheck entry for reference.

Record taxes and other deductions separately as expenses if you want them subtracted from your take-home earnings.

Enter only paycheck earnings you haven’t already recorded with your shifts. Enter 0 hours if those hours are already included in your shift entries.

If you enter earnings before deductions, you can record the deductions as expenses and subtract them from your take-home earnings.

If you enter the amount received after deductions, don’t subtract those deductions again. You can keep a separate expense record with the option to deduct it turned off.

For more guidance, see How to add and manage paychecks.

The IRS Tax Withholding Estimator helps employees with W-2 income estimate federal income tax withholding. It can also generate a prefilled Form W-4 to help you update your withholding.

For state and local tax information, visit USAGov’s state and local tax guide.

The Canada Revenue Agency Payroll Deductions Online Calculator calculates federal, provincial — except Quebec — and territorial payroll deductions.

For Quebec provincial payroll deductions, use Revenu Québec’s WebRAS service, linked from the CRA calculator page.