Find Out What Your Estimated Tax Return 2013
It’s the season of filing your income tax returns again, are you ready? Every taxpayer would definitely want to get an estimate tax return data to find out if there is something to pay or get a refund.
If you want to find out the exact amount of your income tax refunds or payables, a tax return estimate tool is what you need. You can find tax estimators online as there are a few reputable websites that offer this service free of charge, without any kind of obligation on your part.
It is easy to get an estimated tax return 2013 because these tools are easy to use and the instructions are easy to understand and follow. You only need to supply some important information before you can get your estimated tax refund or payable amount – income information, total earnings for the year, deductions, and exemptions. A huge factor that will affect your finances will be your filing status. Married couples stand to get more exemptions. It goes up further if they have children-beneficiaries listed as well.
These estimated 2013 tax return tools can be used to your advantage. When you search for online tax estimator sites, you might get a lot of hits; choose those that are reputable and those that guarantee that their site is secured. There are some people who are wary about providing any kind of information about them for fear of hacking and identity theft.
Better if you ask for recommendations from friends or finance experts. It is better to look for at least four online estimators since there are cases where these different sites make use of different software estimate tools. It is wiser not to rely on only one site. Experts’ advice is to get the average of the results that you get for your estimated tax return for the year from the four websites to get the amount that could be closer to the actual refundable or payable value.
Here is the list of the information you need:
- Filing status
- Earnings/wages/self-employment income
- Income from investments
- Any other source of income – rentals, royalties, alimony, etc.
- IRA expenses
- Education expenses – student loans/college tuition fees
- Expenses – either business/work related or health insurance
- Deductions and exemptions
- Medical expenses (if any), mortgage interests, alimony paid, child care, among others
- Miscellaneous tax-related items
- Tax withheld information
- Tax payments
Take advantage of these tax estimators, you’ll never go wrong when you use them.