TurboTax Has Four Tax Return Calculators to Help You
One of the things that almost all of us hate to do is calculate our tax returns. It is one of the most confusing things that we have to do every year. There are many complex calculations and ever changing tax laws that decide the amount of money that we will have to pay-up as tax.
Many of us will be shocked to find that the amount that we actually have to pay might be very different from what we expected. We may even be getting a tax refund.
Listed below are 4 tax calculators to help you.
1. Tax Refund Calculator This is a tool that will calculate your tax refund after asking a few questions that are very easy to answer.
2. W-4 Paycheck Withholdings Calculator See how many withholding allowances you should take to boost your tax refund—or your take-home pay
3. IRA Retirement Calculator See how much you should contribute to your IRA to get the biggest bang for the buck.
4. Life Events Calculator See how marriage, having a baby, and other big life events can impact your tax refund.
Accurate calculations by the TurboTax calculator are guaranteed! If you pay an IRS or State penalty because of a calculation error, we will pay you the penalties plus interest.