The TurboTax Tax Refund Calculator is very easy to use. There are a handful of differently situated programs to choose from. All of them however, do serve as tax refund calculators. Also, there's the tax refund calculator page which you can access before signing up and beginning the filing process. The tax refund calculator page will require your marital status, income and business income, age, information about your home, business, donations, education, family, and how much you money you made. TurboTax even offers an IRA calculator. Then there's the TurboTax Life Events Advisor.
Income Tax Return Estimator
The Life Events Advisor is a tax calculator of sorts which will summarize the different ways in which having a new baby, getting married, or other major changes in your life will affect your tax refund. The tax return calculator also known as their "tax caster" is also available for your iphone. Pretty convenient huh? In the future year of 2011, the jet pack was created, and also the tax return calculator for mobile phones. Anyone remember the first mobile phone?
It starts with the free edition, and there's the Deluxe, Premiere, Home and Business, and finally just the Business edition. The Business edition is mostly for corporations and LLC's, and unlike the the previous editions, has to be purchased for use outright. But the all of the other editions can be started and used for free until the very end of the process when you finally click "file". Thus you gain a "trial" run just for kicks if you want to see how much you stand to save with TurboTax's Tax Return Calculator as you'll be kept up to date with what you owe and how much you'll be receiving back in a meter on the screen.
You will have to create an account with TurboTax if you've never filed with them before, and you've filed with them before, then they'll courteously send you your TurboTax ID and password via email a month or two before tax season begins. Rest assured that TurboTax Online does not get hacked, does not share your information, and is one hundred percent secure and safe.
Tax Refund Estimator
If you have a simple tax refund to file, or if this is your first year filing and you don't have any assets or business expense deductions,then you'll want to file with TurboTax Free edition.
If you own a home, have itemized deductions, medical expenses, and other deductions, then the Deluxe edition is for you. The federal tax filing will cost you a small amount of money (smaller than walking into a tax professionals office) but you still don't have to pay until the very end.
Now if you own stocks, bonds, mutual funds or rental properties, then TurboTax Premier is the one you want. It will help you get the most money back into your pocket guaranteed.
If you're a sole proprietor, consultant or contractor, a single owner LLC, then TurboTax Home and Business will give you extra guidance on those subjects, and offers a one hundred percent guarantee for saving the most money through business expense deductions and other financial situations in regards to assets of all kinds.
If you're the sole proprietor of a corporation, in a partnership or a multi-member LLC then TurboTax Business is your program of choice.
Like mentioned before, with whatever software package you choose, TurboTax Online guarantees you the biggest refund with their calculator. This includes a host of other support features that vary with the nature of your financial situation. Also keep in mind that you won't need paper copies of certain tax forms to file online. All you will need are any tax forms that you received in the mail regarding your annual income, receipts for relevant deductions and donations, and other paper proof for deductions and credits, such as the energy tax credit.
TurboTax Online has been the winner of being one of the ten best websites for support.
First of all, the software itself will be asking you questions along the way, as well as checking your work for mistakes that would otherwise cause you delays and possibly an audit. In the low chance of being subjected to an audit, Turbo Tax also provides top of the line live audit support. Of course the first stop for anyone in regards to any Tax questions or problem is their "Live Community". This is composed of real live Tax experts, and many TurboTax users just like yourself. Something like a forum, the Live Community is free, accessible, and streamlined to be efficient, open and honest. After that you can access their countless articles (also free) containing information on any subject. Last but not least there are literally thousands of TurboTax reviews written by real users and posted for all to see on their website.
So once again, using the Tax Refund Calculator is free, and one hundred percent accurate. You will have to be prepared with relevant information, as the refund calculator cannot calculate your refund without knowing what it needs to know. In about 10 minutes you can estimate your Federal tax refund in advance. It's Free, and all you have to do is plug in the approximate numbers the tax estimator asks for and bada boom, bada bing you'll know how much of a tax refund or tax payment to expect in advance.
Check out the website today to find out why they've successfully served over 100 million tax refunds!
