TurboTax Archives - 2011 Tax to 2024 Tax

Turbo Tax Calculator 2022

Get an accurate estimate of your refund with TaxCaster, the free Turbo Tax calculator 2022 from Intuit. TaxCaster stays up to date on the latest tax laws and always calculates your refund based on the tax forms you’re using.

TaxCaster is the free, easy-to-use tax calculator that stays up to date on the latest tax laws. TaxCaster makes it simple to estimate your refund. Go to TaxCaster today and get our latest calculations for your state!

Use TaxCaster to estimate your tax refund with accurate, up-to-date information. Calculate your tax return anytime, anywhere – the most comprehensive service is always available at turbotax.intuit.com. For more information, visit Refund Estimator in the Help and Resources section.

Worried about how much your refund will be? Use the free TaxCaster tool to estimate your tax refund and see if you qualify for certain credits and deductions. Understand exactly how TurboTax will fill out your tax return with step-by-step guidance, calculate how your taxes will be affected by making estimated payments, and discover what states you can deduct state income taxes from.

No one likes doing taxes. But, with TaxCaster it’s quick and easy to get a rough estimate of what you’ll be due next April. Helpful features: – Collects your income data from the previous year. – Lifetime tracker allows you to update your income details at any time.

Tax Bracket Estimator

The traditional method for filing taxes is confusing, time consuming and inaccurate. But the Tax Bracket Estimator makes it easy. In just a few minutes you can obtain your exact tax bracket and see how much tax you will pay after deductions are applied. This can also be used by employers to figure out exactly how much in taxes they will be paying – something their employees may appreciate knowing before payday.

W-4 Withholding Calculator

The W-4 Withholding Calculator can help you determine how to fill out your Form W-4. Use the W-4 Withholding Calculator If you want to know what your estimated taxes will be for the year, How to adjust the number of allowances on your Form W-4, The total income and withholdings from your federal tax return, The estimated tax due amounts for next year, Your income and withholding statement for this year, The difference between withholding allowances and credits on a state return

Self-Employed Expense Estimator

Use our Self-Employed Expense Estimator to find out if you can reduce your taxes. We’ll ask you a few questions about your business and what you spent last year. The more information you provide, the better we’ll be able to estimate your business deductions and credits. The Self-Employed Expense Estimator is an interactive tool that can help you determine how much, if any, of the expenses related to your business are deductible on your tax return.

Dependents Credit and Deduction Finder

Is there a new dependent in your family? The Dependents Credit and Deduction Finder will help you decide if it is worth claiming an additional tax deduction. This simple search tool instantly provides you with an estimate of potential tax breaks at the federal and state levels. Just enter some basic information about your dependents into two simple drop-down lists, and click on the Estimates & Details button. That’s all there is to it!

Education Credit and Deduction Finder

The TurboTax Education Credit and Deduction Finder helps you discover the credits and deductions that can save you hundreds or even thousands of dollars on your tax return. The calculator makes it easy to run a wide variety of possible scenarios based on your answers to questions about education-related expenses, income and filing status.

Find Out Your Tax Refund with TurboTax TaxCaster Calculator

How To File Your Taxes on TurboTax

The first time you do your own taxes is often a nerve-wracking experience. You worry that you are going to miss something and get hit with a steep penalty from the IRS. Fortunately, you can use www.TurboTax.com to file your taxes yourself with confidence. Follow the tips below to learn How To File Your Taxes on TurboTax.

1. Gather Your Paperwork.
Getting your financial paperwork, including your W-2 and 1099 forms, together before working with TurboTax is a critical first step. Being organized at the start will save you a lot of time as you proceed

2. Check the Cost.
If your taxes are simple and you have only W-2 forms and bank interest statements to include, you may be able to file for free. Use TurboTax to determine whether or not you qualify for free filing by answering some simple questions as prompted by the program.

3. File Your State Taxes.
Federal taxes get most of the attention in the media, but you also need to file state taxes. Fortunately, TurboTax transfers all of your details to the appropriate state tax forms to save you time.

How To File Your Taxes on TurboTax — Photo by JeepersMedia

4. File Electronically.
TurboTax 2015-2021 lets you quickly and easily file your taxes online without needing to print and mail forms. The program walks you through deductions, credits and obligations to help you get the maximum refund to which you are entitled without risking penalties. Sounds like the perfect solution for many families and individuals across the country.

Get TurboTax Free Tax Filing

Most taxpayers already know about TurboTax Free Tax Filing, but in case you have not, then you need to find a way to learn more about the software as soon as possible. The free version of the software will save you a lot of money in accounting fees while making tax filing easy. It will help you calculate how much you are required to pay as well as the tax refund owed to you by the IRS. There are federal filing options and state filing options that send the return to the IRS for you.

The main disadvantage of hiring a tax accountant to do your taxes is that you will be forced to pay a lot of money for the service and might get some good advise on how to file yours taxes next year. The worst thing about it is that these professionals never give a quote in advance; they complete the work then quote an obscene amount. Charging for every Schedule D transaction makes you never want to trade a stock again in your life.

There are many other reasons why you should choose TurboTax Free Tax Filing. First and foremost, you will never have to worry about finding a professional to do your taxes for you. Secondly, the software enables you to file accurate returns even when your tax situation is somewhat complicated, and you can do that from the comfort of your own home. If you need a more sophisticated version for your business, you can easily upgrade your software, but the free version is absolutely fine for the vast majority of taxpayers. With all these offerings, it is easy to see why Turbo Tax is an industry leader.

Other tax programs also offer free tax filing options, including Tax Slayer, H&R Block and TaxAct. Almost always, there is an income limit to get the free version and you’ll need to pay for any state or city tax returns you need to file.

The EITC Not Always Claimed for Taxes

You would have been given a refund had you filed your 2011 tax return, but you never did. The IRS is holding onto $1 billion in unclaimed funds that will become the property of the federal government if tax filers don’t claim the funds before the end of the tax filing period. Over 1 million houses failed to file and are owed the money. Any many would get substantial refunds thanks to programs like the EITC.

Tax payers have three years to file a return and claim funds that they are owed. The people that do not normally file when owed tax refunds are part-time workers or students who do not make much money and therefore feel they will not be getting a refund. But they pay more into the system than is required and therefore would have gotten a refund had they filed. So everyone should file their taxes and learn as much as possible about deductions and credits that you can claim.

Earned income tax credit (Photo credit: Wikipedia)

The Earned Income Tax Credit (EITC) is one big area of refunds that are not filed. These are refundable tax credits and therefore are given to filers that have not paid much into the system but have earned some income. In 2011 the EITC was as high as $5,700 if your family size was large enough. There have been stories about illegal immigrants gaining the right to file 3 years of returns to obtain three years of EITC. Those numbers are not yet included in this report by the IRS. But if unqualified filers can get this great credit, shouldn’t you try to obtain the credit also?

Features In TurboTax Designed To Help Filers

TurboTax software comes with various benefits and features for users. One such feature allows users to transfer the data from the previous year’s taxes into the current year. Therefore, taxpayers can transfer their 2013 taxes into TurboTax 2015 for their 2014 taxes. Frank Ellis, a Traverse City Tax Preparation Examiner, recently told readers how they can handle this process for their tax returns, which then get sent to the Internal Revenue Service.

A major benefit of this software, as explained by Ellis, is the fact that users don’t need to retype this information. Since data is automatically transferred i, this process is faster and lessens overall mistakes. Such convenient, automated features help taxpayers handle a variety of tasks with ease through TurboTax.

Ellis mentions that TurboTax 2015 is supposed to help taxpayers maximize their refund. With other features like importing tax forms, taxpayers have plenty of tools to help them automatically enter their financial details from appropriate documents. There’s no longer any need to find this information and enter it manually.

Perhaps no other tax preparation software is so simple, safe, and secure today. Of course, TurboTax 2015 contains a lot of features that users are bound to overlook. Articles like those from Ellis help identify these incredibly useful features. When users fail to use these features, they wind up making the process more difficult for themselves. They could even lose money because these tips help individuals find credits, deductions, filing deadlines, and other tools from TurboTax for their 2014 taxes.

A tax refund calculator can help taxpayers simplify the their tax filing process. In doing so, individuals can estimate their refund or amount due throughout the process. Estimating one’s refund or return can help them make adjustments to maximize their refund and ensure the process goes smoothly.

Tax refund calculators are convenient tools for figuring out a return amount before finishing the filing process. In most cases, the calculator accurately estimates the future refund, helping individuals prepare for the coming year more effectively. Many individuals rely upon their tax return in order to pay for major expenses within the following few months. Some people can’t survive financially without a large refund.

To learn more about TurboTax 2015 for your 2014 taxes or to learn about taxes in general, then visit today.

First Time Filers Should Use TurboTax.com

Filing taxes for the first time can be nerve racking and it is worse if you are late with your preparation. You may experience challenges gathering all your information so that is why it is important to plan ahead so that you are on time with your filing.

If your 2013 taxes are your first filing, you have to be mindful of who is preparing your taxes. You may choose to prepare the taxes yourself or hire a tax preparer. If you have been asking friends and family about filing yourself, you may have heard about TurboTax.com. TurboTax.com is the authority on tax filing. It offers free federal filing and other options for state returns. By filing your 2013 taxes with TurboTax.com, you will be given step by step directions, as well as great customer service. In addition, TurboTax.com will ensure that you learn about all the deductions that can be applied to you when you are preparing your 2013 taxes. While your experiences in life will give you some insight on tax filing,
TurboTax.com gives you all the information you will need as a first time filer to ensure that your filing is done correctly.

As you reminisce on your children and your fun times, you will remember that taxes were something that you did not worry about. Now that you are filing for the first time, you have to make sure it is done correctly. Visit TurboTax.com today to review all the benefits available for you, which include an easy to navigate site and guaranteed results. Be sure to check out TurboTax.com.