Q:

Where can you learn how to estimate your tax refund?

A:

Quick Answer

Taxpayers can estimate their tax refund by using tax refund calculators such as the one provided for free at the H&R Block website. To use the calculator, the taxpayer must input filing status, number of dependents, and information about income and expenses, as H&R Block explains.

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Full Answer

TurboTax also provides an online tax refund calculator that's also available as an app for iOS and Android mobile platforms. This tax calculator also takes into account deductions, tax credits, and estimated tax payments already made or withheld. In addition, the calculator distinguishes between regular income and income from a business, as TurboTax points out. TurboTax also provides a tool to help taxpayers identify deductions, dependents and credits.

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