Monday, March 26, 2007

Free Online Federal Income Tax Refund, Return Calculator 2006

Free Online Federal Income Tax Refund, Return Calculator 2006

By FrankW Ellis

Want to know how you can calculate your Federal income tax refund or return for free?

Maybe you're wondering how much your tax refund will be, or you might want to know if you're going to owe money at tax time. If you would like to find out, then I suggest using an online Federal income tax refund - return calculator.


To calculate your tax refund or return, you must first find a website that has tax calculating software that's free to use. Start by creating a user account at the website you have selected. Now you'll be able to use their tax preparation program to calculate your taxes. Depending on your situation, this should take about 30 minutes or less to complete.

You will be asked to enter information as you go, such as marital status, income, and deductions. Soon you will see the tax calculator at work, as you enter your income and deduction information. After your taxes have been calculated, it's time for a review. If you've missed a deduction, you can enter it in and put the calculator to work again.

This is the best method I've found for figuring my tax refund in advance

This year, when you're ready to start your Federal tax return, think about using an online income tax calculator to figure your tax refund, or money owed. You'll like seeing your refund amount being displayed as you go. You might even be alerted to a tax deduction you've missed, which means, more tax savings for you!

You can go to Turbo Tax Online and calculate your tax refund or return for Free. Just create a user account, and your ready to start. The only time there's a fee, is if you decide to print or efile your tax return. Try Turbotax Online today and see how large your tax refund will be.

Article Source: http://EzineArticles.com/?expert=FrankW_Ellis

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