Intuit Turbo Tax 2011, Turbo Tax Return Calculator

Anticipating your refund amount can be stressful. Do you like to plan ahead and know approximately how much you’re getting back? If so, there is an online service through Intuit TurboTax that will give you the answers you’re looking for. Whether you think you owe tax or you’ll be receiving a refund, by entering minimal information for your individual tax situation, you’ll know what to expect.

Turbo Tax offers a free, online tax return calculator. By entering your personal information and answering a few questions, you will be given an approximation of how much money you will receive or owe.

The return calculator will ask you personal information such as:

• Marital Status
• Age
• Head of Household
• Total Income

To get a more accurate approximation, have an estimate of the following information:

• House - mortgage interest payments, real estate payments, Home Buyer Credit
• Donations – cash and non-cash donations
• Retirement – contributions to your IRA
• Education – tuition and fees, student loan interest payments
• Family – # of dependents, child care costs
• Other Deductions – medical expenses, alimony payments, etc…

Note: the more accurately you estimate these deductions, the more accurate your approximation will be.

Go to TurboTax Online to use their Free Tax Calculators use now.

TurboTax also offers many other services; if you have a question, they have an answer. Someone is available 24 hours a day, 7 days a week. When it comes to filing your tax return, there isn’t an easier service available for the amount you’ll pay. For a very low fee, even free to qualifying taxpayers, you can e-file your taxes with ease.