Federal tax return estimator 2017

Include your income, deductions, and credits to calculate. Your tax bracket is determined by your taxable income and filing status. When you use our tax calculator , we’ll ask you questions about these details to give you a better estimate of your refund or taxes due. Be extensive and add all your income, status of filing, deductions, and credits to claim. The IRS issues more than out of refunds in less than days.

Pay for additional TurboTax services out of your federal refund : A $39.

Refund Processing Service fee applies to this payment method. Prices are subject to change without notice. How to compute your total taxable income? What is the TurboTax Free File program? Tax deductions , on the other han reduce how much of your income is subject to taxes.

Deductions lower your taxable income by the percentage of your highest federal income tax bracket. For example, if you fall into the tax bracket , a $0deduction saves you $250. Our income tax calculator calculates your federal , state and local taxes based on several key inputs: your household income, location, filing status and number of personal exemptions.

Those who need a copy of their tax return should check with their software provider or tax preparer.

Prior year tax returns are available from IRS for a fee. For those that need tax transcripts, however, IRS can help. You should only call if it has been: days or more since you e-filed.

Access IRS Tax Forms. Complete, Edit or Print Tax Forms Instantly. New Income Tax Tables. No Cost Information and Advice. The federal personal income tax that is administered by the Internal Revenue Service (IRS) is the largest source of revenue for the U. Nearly all working Americans are required to file a tax return with the IRS each year.

Based on your projected tax withholding for the year, we can also estimate your tax refund or amount you may owe the IRS in April. Launch tax calculator This tax calculator is solely an estimation tool and should only be used to estimate your tax liability or refund. It should not be used for any other purpose, such as preparing a federal income tax return , or to estimate anything other than your own personal tax liability. In its simplest form, tax returns are issued when the amount of money being withheld from your paycheck for taxes exceeds the amount you owe the IRS.

When this happens, you are due a tax return from the government. Conversely, you may owe if the money you withheld is too low. Fees will apply, including tax preparation fees, and will be deducted from the federal tax refund amount.

A refund transfer is not required to apply for TaxSlayer’s Refund Advance 2. Did you withhold enough in taxes this past year?

Use this calculator to help determine whether you might receive a tax refund or still owe additional money to the IRS. Remember this is just a tax estimator so you should file a proper tax return to get exact figures. Get the tax help you need simply by pressing a few buttons.

With this convenient tax tool, you can estimate your refund by using complex set equations with factors that change yearly. Or you can just use our calculators. Tax Pro Tip: The calculators are way easier.