Calculate Your Tax Refund 2016
The calculator is free from obligation so you don’t have to proceed if you don’t want to. But with the average US tax refund of $800, who wouldn’t want to continue their application? Try out our US tax calculator today to see how much your tax refund could be. – See more at:
- The US tax calculator is FREE to use
- It only takes 2 minutes to give you a refund calculation
- Suitable for a range of US visa types including J, F, Q, M
- Your refund estimation is emailed to your inbox
- Step-by-step, simple layout
Information on how to apply for your US tax refund provided
Don’t let your tax return take you by surprise! Estimate your taxes before you prepare your 2016 Tax Return. Find out if you will owe taxes or how much of a tax refund you will get in 2017. Estimating your taxes before you file your tax return is an essential part of tax planning, so start estimating now with the 2016 Tax Refund and Tax Return Calculator, above.
How to Estimate Taxes with the 2017 Tax Calculator
To begin estimating your taxes with the tax calculator, select your filing status. Then click the blue “Next” button and choose your exemptions for yourself, your spouse, and your dependents. After you enter income information you can enter your tax deductions and tax credits. When you are finished in each section, go on to the next one.
You can track the estimate of your tax refund as you go; the amount of your tax refund (or amount due) is always displayed on the top right of the tax calculator.
The 2017 Tax Calculator will estimate your 2016 Tax Return and any tax refund you will receive in 2017. This calculator will be updated frequently as the IRS releases the latest figures for Tax Year 2016. Tax Refund Calculator offers the use of this tax calculator free of charge. Please contact us if you have any comments or questions about the 2016 Tax Calculator.
Calculating Your Tax Refund
Whether or not you get a tax refund depends on the amount of taxes you paid during the year (because they were withheld from your paycheck), your tax liability and whether or not you received any refundable tax credits.
When you file your tax return, if the amount of taxes you owe (your tax liability) is less than the amount that was withheld from your paycheck during the course of the year, you will receive a refund for the difference. This is the most common reason people receive a tax refund.
If you paid no taxes during the year and owe no taxes, but are eligible for one or more refundable tax credits, you will also receive a refund equal to the refundable amount of the credits.
The tax refund money you receive with your tax return is your money that you give to the IRS interest free.
You can have or keep your money now!
Use the FREE Tax Refund Calculator so you reach your Personal Tax Goal for the Year.
Frequently Asked Questions About the W-4 Form and Paycheck Withholding
What is a W-4?-
This is the tax form you use to report how much tax you want taken out from your paycheck.
Why Do I Need to Complete a W4 Form?-
To determine if you will receive a tax refund, owe taxes, or be tax balanced when you file your tax return next April.
How Do I Adjust My Form W-4, Paycheck Withholding?-
Decrease or increase the amount of your allowances.
Where Do I Submit a W-4?-
rint, sign the W-4 form and hand it to your current employer.
How Often Can I Submit a W-4?-
There is no limit. We suggest submitting your W-4 between pay periods or pay checks.
Where Can I Find the Withholding Form For My State?-
Visit our state income tax page to find your state’s tax withholding form.