Potpourri Blog

Are you wondering what your refund will be for your federal tax return this year or how much you‘ll owe the IRS?

There are estimator’s online that will estimate your taxes. By entering in very simple information generated by an online service you can see what to expect for your return.

It only takes a moment to enter your information such as; earnings, filing status, and deductions (which will include whether or not you will take the standard deduction amount or itemize your return). This simple tool will save you time and prepare you for the upcoming tax deadline.

Here are a few benefits to using a free online tax return estimator:

• The estimator is free, with no obligation
• This tool will prepare you for your actual tax return
• The estimator will give you a good estimate on how life changing events will change your tax return, for example: Marriage, new baby, buying/ selling a house, new job, and retiring
• You can use the estimator at any time throughout the year, including estimating your taxes for next year
• This service also provides you with step by step instructions to avoid costly errors on your return

When you’re ready to prepare and file your tax return this same service will maximize your refund, increase your tax deductions which in return will reduce the amount of money owed, if you owe the IRS.

Visit TurboTax online to use their tax refund estimator for free.Try TurboTax Online today to view your potential refund.

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