TurboTax Tax Calculators
Use these free tax calculators from TurboTax to get a preview of your 2009, 2010 income taxes.
Whether you want to know how much your tax refund will be, how much you'll pay in taxes, which deductions you can take or how much your home mortgage will save you in taxes, TurboTax has you covered.
Tax Refund Estimator - How much will your tax refund be this year?
Changes in your life—like a salary or job change, new house or car, or additions to your family—might affect your refund. This tax calculator helps you determine how much you are likely to pay in taxes for 2008—or how big your refund will be. The latest changes to the Alternative Minimum Tax (AMT) are factored in for increased accuracy.
Tax Rebate Calculator - Will you get a Irs Federal stimulus tax rebate check from the U.S. government this spring?
The government will not automatically send you a stimulus check if you qualify. You must claim this rebate on your 2008 tax return. This could be a huge potential credit for many tax payers that have been laid off or hit hard by the current economic situation.
IRA Calculators - How much can you contribute to an IRA and what’s the tax impact?
Average Tax Rate Calculator - What's my average tax rate amount?
Want to know the average tax rate you'll pay on your income? Plug in your income figures and this handy tax calculator will show what percentage of your income will go to taxes.
Home Loan Tax Saver - How much will my mortgage save me in taxes?
If you paid interest or points on a home loan, chances are you can deduct those payments from your income taxes. This tax calculator can help you find out how much your mortgage will save you on your taxes.
Paycheck Withholding Calculator - How much will I take home after tax withholdings?
Are you withholding enough—or too much—from your paychecks? This valuable tool looks at your entire tax situation, including your other income and expenses, and figures out what you'll actually owe on your taxes for the year. The calculator then determines how much you should have withheld to cover what you'll owe for the year, without giving Uncle Sam a big loan.
Deduction Finder - Am I claiming all the deductions I deserve?
Are you missing out on deductions you deserve to claim? Use this tax calculator to help identify over 350 tax credits and deductions available and which ones you are eligible for.
I am retired and receive appx. $40,000 yearly retirement and of that amount I must pay almost $11,000 for medical insurance for my wife and I.
Can I deduct medical and if so how do I do it if I am not itemizing my taxes. This will be my first year of doing my taxes myself. Thanks for any help, Also which turbo tax software would be best for my situation?
Posted by: David D Duncan | October 27, 2008 at 06:01 AM
Every year, we are subject to AMT. This year, we have an opportunity to participate in an employer's income deferral program. Will only the actual salary paid (not earned) be the basis of the AMT calculation? Or do the rules state that the total income (paid and deferred) is considered when calculating AMT?
Thanks.
Posted by: Beth | February 09, 2009 at 06:43 PM
Please show me the IRS statute that says I must file federal income tax.
Posted by: Vern E. Nay | February 18, 2009 at 01:49 PM
i am disabled, my son filed me on 2009 taxes but in 2008 , am i still elgible for one time 250 dollars that Obama put it action?
Posted by: debra j allen | March 06, 2009 at 03:54 PM