One of my friend was doing some research and calculating the tax has to be paid in coming year. My friend discussed with me and raised some questions on the total tax amount. Usually I will dig into every detail try to figure the tax amount as close as the actual tax amount. However, this time around I was not as motivated, but I discovered this great tax calculator online that let you have an idea of the the range of the amount you should be expecting. This calculator required only some basic info like salary, age, marital status (criteria that usually affect the tax bracket or deduction) and it calculates the estimated tax for you, free! It also has the event calculator that indicates how much potential deduction you might be entitled if certain event occurred such as buying house, education tuition fees, married and etc. Overall, this calculator provide an easy and simple way for you to estimate your tax. Check it out!
Use this online application
Estimate your tax
Use this online application
See what you can save from major event
Notes: The tax calculator is for U.S. tax system.
*Flash player required to view the application.
Update: The TurboTax Tax Tool Site seems to be offline sometimes (Don't know what the I.T. Dept is doing). Alternatively, you can try the H&R Block Tax Calculator at
H&R Block Tax Tips & Calculators Web Page
1 comment:
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