2018 - 2019 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 2018 - 2019 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.
TurboTax TaxCaster User Guide
- 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 Tax Refund Calculator
Using the TurboTax Tax Calculator App. on-the-go
The best feature about the TurboTax TaxCaster is the ability to download the tax software application for on-the-go use.
By installing this application on your iphone, Androids, or Windows based Smartphone, you can make entries on the go to see how they will influence your federal tax liability.
This is especially handy when making charitable donations or considering other life changes that will change the way your taxes are calculated.
Some of these life changing events may include:
- Becoming a homeowner
- Getting married
- Having a baby
- Going back to school
- Becoming self employed
- Contributing to an IRA
- Enduring costly medical expenses
Among factors like these and more, your tax bill will be widely influenced to accommodate for tax credits and deductions that continually modify your federal tax debt throughout the year.
Estimating your federal tax obligation several times throughout the year will help you avoid unsettling income tax surprises of additional taxes you may not have otherwise been aware of, or prepared to meet.
TurboTax Tax Estimate Tools Include:
- TurboTax TaxCaster Tax Estimator App
- TurboTax IRA Contribution Calculator
- TurboTax Life Events Advisor
- TurboTax It's Deductible
The TurboTax tax estimation tools are not basic tax calculators like some other limited function tax support products. Their estimator provides you with extensive detail entry options that fulfill required data input entries for accurate calculations.
With all the confusion that tax season throws at you, it's nice to have the extra peace of mind that knowing what financial obligation you face can bring. After all, winging it and getting your tax bill only to find out that your were not financially prepared for it can be quite hair raising.
TurboTax Tax Refund Estimator for 2018 - 2019
The TurboTax 2019 tax estimate tool is very user friendly and provides clear instructions on how to use it as you progress through the applications procedures for calculating your income taxes.
Regardless of whether your will be filing a 1040EZ form or more complicated investment paperwork, the Turbo Tax tax estimate tool allows its users to provide information from any source that is important to account for all income and deductions associated with accurate tax calculations.
TurboTax Helps Relieve Tax Season Stress
Tax season can bring out a lot of anxiety or anticipation when you don't know whether you will owe more taxes or if you will be getting a refund. Taking advantage of the TurboTax TaxCaster tax estimator can help you determine what your financial obligation is to the IRS by helping you estimate what to expect when you file your actual taxes return.
TurboTax Makes It Easy to Get Started
No personal identification information is required to use the TurboTax 2019 TaxCaster tax estimate tool. All that is needed to use it is your basic tax information such as income and deductions. There is no need to haul out all your documentation since this is a quick and painless process that will provide you with an estimate of your tax liability.
Another feature of this Turbo Tax product is the continually updating tax liability legend that keeps you informed of what your tax debt is at any given time. As you enter information this application updates the tax figure as you work, giving you result of each change for every entry you make.
TurboTax Keeps You Informed
Having a clear figure on your tax liability allows each tax payers to ensure they are better prepared to meet their financial income tax obligation.