Tax Calculator 2017 - 2018
a product of its parent company Intuit, offers a Free online
income tax calculator.
This is also offered for download
as a smart phone app for iphone and androids that you can
use on the go.
This calculator is called the TurboTax TaxCaster.
You can use it to calculate the amount or income tax
you may owe, or what you refund will be from the Internal
revenue Service (IRS).
Review: How to Use the
TurboTax TaxCaster Smartphone Tax Calculator Application
In our review we discover how simple it is to use this
great calculator tool offered by TurboTax.
This app is FREE to download by clicking
the TurboTax TaxCaster graphic above and selecting the Google
play or iTunes buttons to download from your preferred location.
This app is truly one of the best tax planning tools that
I have ever used. It is incredibly easy to use and saves
your data so that you can go back at anytime and make adjustment.
Why is that good? Well, say you suddenly sell your home,
get a new job with a better salary, or make a charitable
donation, all these things will effect your income taxes.
Being able to go back and make small adjustments here or
there is convenient and time saving, plus it keeps you in
tune with your income tax obligations.
So here we are, lets get started so I can show you the
simplicity of this application.
start by entering you personal information and I don't mean
identification information, everything that this app requires
will not identify who you are, just your tax filing circumstances.
This will include basic "About You" information like,
are you married? or head of household?, what is your age?,
are you a dependant or are you claiming any dependants?,
do you have children?
Next you will move on to the area where you input
"Your Income" including wages or unemployment as well
as your federal and state taxes withheld using slide bars
to indicate the proper amounts. If you own your own business
there is a separate area here where you will use another
slide bare to indicate what your "business income"
I found these slide bars to be easy to use on everything
except the income bar where it was very hard to get exactly
the right thousand dollar number due to the fact that this
bar covers a very large income range. However, I did find
that if you tap on the right side of the bar by the arrow,
you can then type in your exact income amount. In fact,
every one of the slide bars operates this way to enter exact
other section in this income area is "Other Income"
that includes other income sources that you may have received
throughout the year including: Short and Long Term Capitol
Gains and Losses, Interest, Social Security Benefits, Qualified
Dividends, IRA or Pension Distributions, Alimony and other
sources of income. As you scroll down through this area
you can adjust slide bars to select proper values.
Now you can start to see how easy it is to use this app.
You can even start to understand where you may be able to
make adjustments that can lower your tax bill like making
a tax free IRA contribution to lower your taxable income.
Benefit to using this TurboTax TaxCaster app are endless.
It allows you to track your income tax liability throughout
the year to ensure your paying enough in so that you don't
get stuck with a huge year end tax bill, or worse, penalty
and interest charges for not paying enough into the IRS.
The TaxCaster TurboTax Tax Calculator helps you determine
the correct amount you should have withheld from your paychecks,
or proper quarterly tax payment amounts.
you move on to "Your Tax Breaks" page you will see
how there are many areas where you can make adjustments
to lower taxable income. Some of these come naturally as
a lot of tax filers own their own home, but there are some
you need to make decisions on as retirement investments
or charitable donations. They all influence your income.
Deductions from Educational Expenses, "IRA Retirement
Contributions", Home Real Estate Taxes and Mortgage
Interest Paid, Charitable Contributions and Donations, they
all add up.
Witrh completion of the tax breaks you move on through
the TurboTax TaxCaster to get your "Final Result"
of what you may owe Uncle Sam, or better yet, what he may
TaxCaster comes in handy for determining what adjustments
you may need to make to your W-4 withholding during the
year to control year end tax debt.
April 15th can be a real shocker if you didn't plan you
tax payments properly. The TurboTax TaxCaster can help you
avoid paying in too much and giving the government a. interest
free loan, or it can help you avoid penalties from not paying
Our Review Gives The
TurboTax TaxCaster an A+ for Tax Tools.
review indicates that this is a great tax planning tool
that is very useful all year long. Being able to make adjustments
throughout the year and always knowing what to expect
as your income and investments change will keep you organized
and prepared for what's to come. Better to be prepared than
surprised by Uncle Samuel...
We recommend that everyone give this
TurboTax TaxCaster App
a run and see how well it fits into your everyday personal
financial organization tools. It will no doubt be a great
tool to keep you more informed all year long and help you
stay prepared to meet any financial obligation that is to
come at year end with the Internal Revenue Service. Download
it Now! - Giddyup!!!