Online Tax Calculator
Tax season can be a very stressful time for many of us as we ponder over what we may owe to Uncle Sam. Relieving the stress can be a bit of a challenge especially with the uncertainty of owing additional taxes hanging over our shoulders.
Free Federal Online Tax Calculators
Fortunately the uncertainty is a lot of what weighs us down, and uncertainty can be easily cured. Free online tax return calculators can help us get a good picture of where we stand with the IRS. This in turn allows us to quit wondering what our financial obligations are instead of working to fulfill them.
It may sound weird, but for me, knowing what I owe Uncle Same gets me out of the stressful mood of uncertainty and into the mood of focusing on how to address the issue. Granted, just knowing I owe is not a comfortable feeling, but to me it's better than the unknown...
In order to make important financial and tax planning decisions, it is wise to estimate your tax liability several times throughout the tax year. This keeps you on top of your finances and helps you avoid late quarterly payment penalties, as well as over paying your taxes.
To calculate your tax return online you need a few figures to plug into the calculators in order to get a fairly accurate estimate. See a list of those figures needed below.
You can calculate tax return figures online by entering your actual or estimated income, dependent, deduction, and tax credit information. You don't need in-depth tax knowledge to calculate your tax return.
Online Tax Calculator Checklist:
Number of Children/Dependents
Calculate Tax Return Liability Online
As they say, there is nothing
more certain in life than death and taxes. Unfortunately, without planning,
your annual tax liability can be very uncertain. Use the TurboTax or
HR Block estimator calculator links above to help determine your estimated
Your Data is Privacy Protected
The tax calculators do not store
any of your information, and there is no need to enter sensitive personnel
data such as your name or social security number.
Use our online tax calculator to estimate tax return figures regularly and stay on top of your financial liabilities.
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