Business & Finance Taxes

How to Calculate My Tax Refund Amount

    • 1). Visit the TaxACT website and sign up for the software. TaxACT is free for personal returns, although if you need help with figuring out your deductions and credits you may want to upgrade for a fee to the deluxe edition. The ultimate package allows you to file one state return. For an additional fee, you can get telephone help with your tax questions. If you choose the deluxe or ultimate package, you can figure out your refund for free. You only have to pay when you file.

    • 2). Navigate to the H&R Block website and then click on Start Now. The basic edition of the software is free and includes advice from a community of tax specialists. In addition, H&R Block guarantees that its software is 100 percent accurate and offers free audit support and representation should the need arise. A federal filing is included in the free edition. If you want to upgrade, various solutions are available for filers from homeowners to the self employed. You only have to pay when you file, so you can determine your refund for free.

    • 3). Go to the Turbotax link and answer the questions on the front page. The site will recommend which software is right for you, from the free edition to solutions for small businesses. Complete the interview-style application and the software automatically will calculate your refund. As you don't have to pay until you file or print your return, you can find out how much of a refund you are going to get for free.

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