How much of a refund will you get this year from the IRS? Estimating your tax refund before you file your taxes can really help with financial planning. The good news is that you can estimate your refund for free online with a number of calculators. So, which tax refund estimator should you use?
TurboTax has a free tax refund calculator called, “TaxCaster,” which we think is the best! That’s because, unlike other tax estimators, TaxCaster stays on top of the latest tax laws for a more accurate estimate. Plus, it’s from TurboTax, the top name in taxes!
Curious? Here’s how TaxCaster works:
How to Use TurboTax TaxCaster:
Find out how big your IRS refund will be! TaxCaster can help you estimate your tax refund in just a few minutes, and it’s totally free. Here’s how to use TaxCaster:
- Go to turbotax.com
- Click “tools and resources“ on the top menu and choose TaxCaster tax calculator
- Or, download the free TaxCaster app from the App Store or Google Play
- Answer questions about your tax situation, income, and potential deductions
- After doing so TaxCaster will estimate your tax refund or how much you owe
- Filing with TurboTax? Use our coupon for the best price!
• TaxCaster online:
Your tax refund estimate changes and becomes more accurate as TurboTax learns more about you:
Or, you can also download the TaxCaster tax calculator app on your phone:
• Download the TaxCaster app:
*Related: TurboTax Tax Bracket Calculator
Why TaxCaster is the Best Free Tax Refund Calculator:
There are a number of free tax calculators online from other respected names like H&R Block and TaxAct, and even the IRS, but we think TaxCaster is the best. Unlike other free tax refund calculators, TaxCaster takes more actors into account to estimate your refund including:
- Taxable income
- Marginal tax rate
- Credits and withholdings
- Tax bracket
- Effective tax rate
Tip: Don’t get caught off-guard! Use TaxCaster early in the tax season to estimate your potential refund or what you might owe the IRS.
To estimate your Federal refund in just a minute or two, we recommend TaxCaster by TurboTax. Get started at https://turbotax.intuit.com/tax-tools/calculators/taxcaster/!
If you have simple taxes you might even be able to file free!
Thanks for stopping by Mighty Taxes!