TurboTax Tax Calculator
While you may be planning to file a federal tax extension to buy some more time to prepare your tax return, Remember, you don't have more time to pay your taxes owed.
Using the TurboTax Tax Calculator to determine what you owe Uncle Sam so that you can get him paid on time can save you some serious penalty and interest charges.
The TurboTax TaxCaster is a tax estimator tool that can help you keep up on your federal income tax liabilities all year long and on the go.
This tool also available as a Smartphone app, helps you track what you owe at any given time, as well as supplying you the information you need to determine quarterly tax payments for those who are self employed tax filers.
- Gross income from wages and salaries
- Dependants and exemptions
- Child care expenses
- Charitable contributions
- Deductions, home, education, medical, etc.
- Tax breaks like retirement savings
All these factors and more help determine the end result which is the bottom line figure used to pay the Internal Revenue Service what you owe in taxes, or claim your tax refund for any amount you have coming back from the IRS.
TurboTax Online Tax Preparation