Nowadays, technology runs very rapidly. You can calculate your tax-return via internet with the help of tax refund estimator. The calculation of tax refund can be done within 10-15 minutes. Tax Estimator provides you rapid, easy and secure estimate tax online. Tax Estimator Return helps you to calculate IRS published tax income rates and a tax table and also shows you how your federal income taxes might be affected to your income or tax bracket change.
The eFile tax estimator guides you to calculate independent Tax Return. It also helps you to plan for finance-changing events such as new job, home purchase, additional dependents (i.e. children), mortgage refinancing, education, etc. Deductions like earned income credit, child tax credit, child care credit, home mortgage interest, real estate taxes, property taxes, state and local income taxes, home office deduction, medical and dental expenses, energy tax credits, charitable contributions etc. are given.
How to calculate Tax Estimator by using the Microsoft Money?
If you want to calculate Tax Estimator by using Microsoft Money, then for that first you have to go to Home area in Microsoft Money. After that, click on Tax Estimator which is given in ‘My Tax Tools’ option. Then, you have to enter your personal information, adjustments to income, itemized deductions, tax credits, tax summary and analysis. Then fill ‘filing status’ option. After that, select deductions option from the tax estimator steps. Now, enter overriding Tax Estimator Amounts of previous year and current year in the box. Lastly, you see ‘Estimated Tax Summary’.
How to calculate Tax Estimator by using Yahoo finance?
If you want to calculate Tax Estimator by using Yahoo finance, then first enter your total income for the year in dollars. After that, enter your estimated value for tax deductions in dollars. Lastly, enter the total amount of withholding amounts deducted from all of your income and click on ‘Show Refund’.