TurboTax Calculator

Page 1

TurboTax Calculator This time of year is either when we are all concerned with how much money we will receive or how much we owe in taxes. The process is not as stressful with the correct software like Turbo Tax calculator. It can guide you through the process, with detailed instruction, so you can feel confident the refund or amount it states you owe is correct. The first process to the TurboTax calculator is to indicate if your marital status, if you’re a filing as head of household, and your age of the last day of the year. The next step is to fill in your income by way of an employer or self-employment. You would also list any income you have made from businesses or selling any land or property in this section. The last step is to claim your deductions. First it will ask you for if you are claiming any dependents. Then it will want you to list the age groups, less than 13 years old and 13 to 17 years old. Also, it will ask you about education deductions and if you received any cash donations during the year. Once everything is filled in, it will give you an approximate refund or amount you owe. It will give you a breakdown of all the deductions and how much you qualify for each phase. After you review the information, you are able to accept the information and continue with filing your income tax return or just using the information to find out how much you should receive. TurboTax calculator is one of the most accurate calculators out there for all tax related information. The website is constantly upgraded compliant with all the new tax laws, so you can rest assured the information you receive is accurate. For more information visit our website. http://www.easyincometaxfilingonline.com/tax-calculators/

easyincometaxfilingonline.com


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.