Income Tax Calculator: 3 Federal Income Tax Estimators

Last updated on: January 18, 2016 at 5:01 pm by Bob Lotich

Income Tax Calculator: 3 Federal Income Tax Estimators 2016-01-18T17:01:42-05:00 Bob Lotich

LOGO Patheos Explore the world's faith through different perspectives on religion and spirituality! Patheos has the views of the prevalent religions and spiritualities of the world.

With tax season around the corner, you might be itching to file your taxes right away. Some people like to file as early as possible, while others are still looking for the answer to their question: when are taxes are due?

If you don’t have all your tax forms yet, but want to estimate what your federal income tax return looks like, you’re in luck. There are a few tools available for you to estimate what your return might look like.

If you haven’t already received your W-2 or 1099s in the mail, use your last paycheck as a guide to see how much you made and what you paid in for federal and state taxes.

Gather as much information as you can about charitable donations, business expenses, or interest paid so that you can get the best estimate when you put your figures into these income tax calculators.

3 Income Tax Calculators to Estimate Your Tax Refund…or Tax Bill

IRS.gov Tax Refund Calculator

This no-frills income tax calculator will take into consideration most of the major tax issues that you’ll face. At the end of the tax estimator, it gives you advice as to whether or not you should change the withholdings on your tax forms. I like this calculator the most because you can use it throughout the year to make sure you’re on track with your withholdings. It’s very helpful when you’re estimating how much you should have your employer withhold.

1040.com Tax Refund Calculator

The tax refund calculator at 1040.com is easy to use and includes the option to add quite a few adjustments to your income like deductions, retirement contributions, and medical expenses.

TurboTax – TaxCaster Refund Calculator

I really enjoy TurboTax because of its simplicity and GPS-like layout. If you have never tried Turbo Tax, you can get a feel for what it’s like by using the Turbo Tax estimator. Like the other two calculators, it takes all the major issues into consideration and it even shows you which version of Turbo Tax you can expect to use. I like this feature because you get a clear idea of how much you’ll have to spend to use TurboTax.

So have fun with these tax estimators and don’t wait too long before you file your 2015 taxes!

Was this article helpful? If so, click the +1. Have you ever estimated your taxes? Was it close to the amount you actually owed for the year?

Uncategorized

Previous Post

January 2, 2015

How I Winterize My Car For Less Than $100

Next Post

February 17, 2016 How to File the Federal Tax Extension Form

Browse Our Archives

Select a Category ALL Bible and Money Biblical Perspective Book Reviews Budgeting Business Corner Churches and Pastors Debt Encouraging Scriptures Entrepreneurship Faith and Economics Family and Money General Personal Finance Giving Inspirational Quotes Investing Making Money Other Personal Finance Retirement Reviews Round Up Saving Self-Improvement Taxes Uncategorized

Select a Month January 2019 November 2018 October 2018 September 2018 August 2018 July 2018 June 2018 May 2018 April 2018 November 2016 October 2016 May 2016 March 2016 February 2016 January 2016 January 2015 November 2014 October 2014 August 2014 April 2014 March 2014 January 2014 December 2013 November 2013 October 2013 August 2013 July 2013 June 2013 May 2013 April 2013 March 2013 February 2013 January 2013 December 2012 November 2012 October 2012 September 2012 August 2012 July 2012 June 2012 May 2012 April 2012 March 2012 February 2012 January 2012 December 2011 November 2011 October 2011 September 2011 August 2011 July 2011 June 2011 May 2011 April 2011 March 2011 February 2011 January 2011 December 2010 November 2010 October 2010 September 2010

TAKE THE

Religious Wisdom Quiz

Which book of the Bible has the most chapters?

Select your answer to see how you score.

Psalms Proverbs Genesis Isaiah