Tag: 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!

Turbo Tax Calculator 2022
Turbo Tax Calculator 2022

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

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.

Tax Carnival Ecstasy – February 15, 2014

Welcome to the February 15, 2014 edition of Tax Carnival Ecstasy. In this edition we start with an article from Bill Smith on taxes and retirement. And Kurt from MyMoneyCounselor.com presents an article on the Alternative Minimum Tax for 2013? Hope you enjoy all the articles, bookmark this carnival, share, tweet, and come back soon.

retirement

Bill Smith presents You Need To Know A Lot About Retirement posted at FastSwings, saying, “2014 Taxes are here causing many people to worry a lot about retirement. If you are among these people, i.e. you feel you are far behind in your retirement or haven’t started saving for it at all, this tax article will give you some advice on readying yourself for this imminent event.”

English: President Barack Obama's signature on...
English: President Barack Obama’s signature on the health insurance reform bill at the White House, March 23, 2010. The President signed the bill with 22 different pens. (Photo credit: Wikipedia)

taxes

Bill Smith presents TurboTax Makes the Most of Superbowl Time! posted at 2012 Tax – Free Tax Filing Options, saying, “There is nothing better this time of year than watching the Superbowl especially if your team made it.”

Bill Smith presents Healthcare & Intuit TurboTax posted at 2010 Taxes to 2013 Taxes, saying, “To know the ropes of TurboTax Health care and understand the highlighters of Affordable Care Act, turn your glances towards Intuit Inc. to get apprised of the facts.”

Bill Smith presents TurboTax And The Earned Income Tax Credit posted at 2013 Taxes, saying, “Individuals who wish to use a tax service may wish to try TurboTax 2013. This is the option that they may need to easily pay their taxes, and be able to get the tax help they can use.”

Bill Smith presents H&R Block Deluxe and TurboTax Deluxe posted at 2014 Taxes, saying, “H&R Block Deluxe and TurboTax Deluxe are all online tax software that offers tax solutions.”

[email protected] presents Will the Alternative Minimum Tax Zap You for 2013? posted at Money Counselor, saying, “Americans’ elected representatives have created a semi-secret weapon to help assure you pay what they deem is your fair share: the Alternative Minimum Tax.”

That concludes this edition. Submit your blog article to the next edition of tax carnival ecstasy using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.

Related articles

How To File Back Taxes

How To File Back Taxes

All people with income need to file taxes yearly. If you have missed one or more years in the past ten, now is the time to file back taxes. The Internal Revenue Service (IRS) can impose steadily increasing fines and penalties the longer you wait.

Why File Back Taxes
There are convincing reasons to catch up on back taxes:
• Reduce penalties; there are separate penalties for not filing, and for not paying; by filing you avoid one penalty even if you cannot afford to pay immediately
• Ease your conscience by meeting legal requirements
• Start the clock on the IRS statute of limitations which is three years to audit and ten years to collect
• If the IRS has sent an inaccurate estimate, filing can correct it
• You may be due a refund for any of the previous three years; unless you file, you will not know

Steps for Filing Back Tax Forms
Follow these steps to file back taxes:
• Gather all W-2s or 1099 forms, receipts and other documents to support deductions and credits for each year
• If you are missing W-2s, 1099s or 1098s to support deductions, ask for copies from the IRS, using Form 4506-T
• Download appropriate tax forms for each year, or use tax preparation software
• Prepare the tax return for each year, using that year’s information and guidelines
• Submit the forms, along with as much of a payment as possible to reduce interest charges
• After filing, talk to the IRS to try to reduce penalties and fees

If you need help to file back taxes, consult a tax attorney. He can help gather and complete necessary documents to send to the IRS. This professional can also negotiate a payment plan or settle other issues.

Related articles

Are Annuities a Good Investment

Are Annuities a Good Investment

There are two different types of annuities: deferred annuities and immediate annuities. The type of annuity you choose depends on how soon you expect to receive payments. If you are looking for a long term investment where you plan on making withdrawals once you reach retirement then you might choose a deferred annuity. If you are looking to make withdrawals sooner than you may want to choose an immediate annuity.

English: Types of Annuities
English: Types of Annuities (Photo credit: Wikipedia)

Either type of annuity can be fixed or variable. A fixed annuity acts like a CD from a bank but in this case it is an investment with an insurance company. You have a fixed interest rate that you receive for the annuity and it is usually a higher percentage than a normal CD would bring at a bank.

The guaranteed interest payment from these fixed annuities as well as the minimum amounts that you have to invest makes the fixed annuities appealing for those who are not confident in the ways of the stock market.

Another nice thing is that you do not have to pay taxes on the interest gained until you decide to start withdrawing the money from the annuity. A disadvantage with fixed annuities is that the interest rates might be high to begin with but can drop after the first year of having the annuity. This unknown factor can be a turn off for some who are hoping that they can maintain the rates that they first received when they started their annuity.

If you do not like the new rates and want to withdraw your annuity before it matures then you might be stuck paying surrender charges that will cut into your profits. With a variable annuity you can choose from a variety of investments to put your money into and the rate of payment you receive depends on how well the investments performed. With variable annuities you invest in several different stock or bond like accounts that will help your investment grow over a long period of time. Just like with the fixed annuities you pay no taxes on your gains until you begin withdrawing from your account.

Although with variable annuities you may have an opportunity to have greater growth potential with your investment there are some drawbacks as well. The investments you chose may take a turn for the worse causing your potential growth to plummet. There are drawbacks with the tax rates when you decide to withdraw you money,as well as fees if you decide to withdraw early and there can be high sales commission fees. It is good to do your research before you decide which annuity is best for you or even if an annuity is a good investment.

Related articles