Online Tax Calculator |
Tax Return Preparation
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
over our shoulders.
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
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.
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
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
your tax return.
Online Tax Calculator Checklist:
Is the taxpayer and-or
spouse being claimed as a dependent on another persons
Number of Children/Dependents
Number of Children Qualifying for EIC Credit
Number of Qualifying Child Tax Credit Children
Number of Children Qualifying for Childcare
Amount of Childcare Expenses Paid $
W-2 Federal Withholding
W-2 State Withholding
Advanced EIC from W-2
Retirement Income Form 1099-R
Social Security Income
Other Tax Withholding or Estate 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
It's always smart before you make decisions on costly purchases to use
one of the free tax estimator calculator tools from H&R Block or TurboTax.
These calculators are based on the IRS 1040, 1040A and 1040EZ federal
income tax forms, making them applicable for anyone to use. The tax
estimator tools are intended to provide you with valuable preliminary
information that can assist you in making sound investment or other
finance related personal choices.
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.
The online tax calculators are based on tax year related IRS income tax rates and
they show you how your federal income taxes might be affected should
your income or tax bracket change throughout the year. They can also
help you plan for other financial changes such as a new job, marriage,
additional dependents, children, home purchase, mortgage refinancing,
additional education, divorce, and so on.
Use our online tax calculator
to estimate tax return figures regularly and stay on top of your