I'm about to show you how you can estimate your Federal IRS income tax refund or return in advance, for free!
How to estimate your income tax refund
Forget about using pen, paper and a calculator, we're going to estimate your taxes with the help of the Internet. Using an online tax refund estimator, we can get this done in about 10-15 minutes. The tax refund estimator will need to gather information about you, to make an estimate. All you have to do is make simple entries.
Here is how and what you'll be asked:
Screen 1. Your filing status, age, your children and other dependents.
Screen 2. Earnings, gross wages and self employment income.
Screen 3. Any investment income such as interest, dividends and capital gains.
Screen 4. Any other income such as rental, royalty , partnerships, trusts, tax refunds, alimony, unemployment, social security and any other income.
Screen 5. Ira and education expenses such as Ira contributions, student loan interest, college tuition and expenses.
Screen 6. Expenses, business and work related, self employed health insurance, moving, Keogh and other.
Screen 7. Deductions and personal expenses such as medical, real estate, mortgage interest, home equity loan, charitable contributions, alimony you paid, child care, gambling losses, theft and other.
Screen 8. Miscellaneous tax items. These tax items apply to relatively few people. AMT and other misc.
Screen 9. Withholding, Federal income tax withheld, State income tax withheld and future withholding if before end of tax year.
Screen 10. Tax payments you have made or will make for this year.
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And now what you've been waiting for.
The Results! That's it, you'll know how much your tax refund will be, so you can make important financial decisions.
You can go to Turbo Tax Online right now, and estimate your tax refund just like I showed you. Try the Turbotax Online Tax Refund Estimator today and see how large your tax refund will be. When you prepare and file taxes online, you get all the tools you need for a fast, easy and bigger than ever tax refund. http://www.harborfinancialonline.com
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