Estimate your tax return free to use online tax refund calculator programs through our tax calculator if you would like a quick and easy way to get an approximate figure of your income taxes.
Today it is very simple than ever to get an estimate of your federal tax refund by using easy online tax refund calculator to figure out what you owe, or better yet, how much you will be getting back from your federal tax return.
To use our tax refund calculator 2012 you need to enter little information in order to get a quite accurate estimate on your income taxes. The 2012 tax calculator takes some factors into consideration including, income, wages, salaries, adjustments to income, deductions and exemptions. This calculator will provide an estimate of your federal income taxes owed.
How to use our 2012 Tax Refund Calculator to Estimate Income Tax Return Refunds:
Filing Status
For Estimating your income taxes you will need these information include: single, married filing separate returns, married filing joint returns, or head of household.
Income: Wages, Salaries
This is the total of all occupation income including wages and salaries that you typically would report to the Internal Revenue Service (IRS) from your W-2 income statement.
Other Income
Other income can include interest earned, taxable child care you received, profits from stocks, bonds, mutual funds, rental properties and any other taxable income.
Deductions
Deductions can be an estimate of the total itemized deductions that would be resulting from your Schedule a form or the standard deduction.
Exemptions
Exemptions include the number of dependents you claim on Form 1040. IRS Publication 501, Exemptions, Standard Deduction, and Filing Information shows exemptions usually include yourself, a spouse, any children and qualifying relatives you can legally include in your deductions.