File My Taxes Online

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TurboTax TaxCaster Tax Refund Calculator

Tax season is just around the corner. That means it’s time to start thinking about your tax refund and how much you might be getting back.

The TurboTax taxcaster will calculate how much your IRS tax refund will be in minutes.The TurboTax TaxCaster is an all-in-one online tax tool that helps you work out a range of tax-related figures.

This free tax refund calculator can be accessed online, and because you can use the calculator anonymously, you can rest assured that your personal information is protected.

Let’s look at TaxCaster and see how it analyzes your income and key tax factors to determine an income tax refund estimate.… Read the rest

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The Best Way to Avoid a Tax Refund Delay this Tax Season

Tax filing season is on the way and you might be expecting a tax refund. The Internal Revenue Service (IRS) has already put out an official reminder to taxpayers about the steps they should take if they want to avoid their tax refunds being delayed. These steps will also enable the smooth processing of their tax return.

Tax Refund

Have Everything You Need First

The IRS says that filing online is the best way to get your refund fast. Don’t be without your W-2s and 1099s before filing.… Read the rest

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How Much is the Child Tax Credit?

As with any tax credit, refund or deduction, there are a few rules that will influence the amount that eligible applicants will receive.

Here is a breakdown of everything you need to know about the Child Tax Credit and Additional Child Tax Credit

How Much do You Get Back in Taxes for a Child?

The child tax credit for 2020, 2021, is worth up to $2,000 per child that is under the age of 17. To be eligible to claim the child tax credit, your child or dependent must first pass all of the eligibility tests:

  1. Must be 16 or younger on the last day of the year
  2. Must be a US citizen, US national, or a resident alien
  3. Must be claimed by you as a dependent
  4. Must be related to you by blood, or step relationship, or legally adopted child/foster child
  5. Must have resided with you for more than half of the year (special rules apply for special circumstances such as divorce)
  6. You must have provided them with more than half of their support

What is the New Child Tax Credit Amount After Tax Reform Changes?

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Best Online Tax Filing Software

Online Tax Filing

Some of the most highly recommended tax software companies are now offering free and paid editions for online tax filing. You’ll pay nothing to file your federal and state taxes if you have a simple tax return.

Start by easily importing your W-2, answer simple questions about your life, and you’ll get you your maximum refund, guaranteed!

The two easiest to use for free and the ones we recommend are:

TurboTax Federal Free Edition

H&R Block Federal Free Edition

You can file with the free edition if you have the following situations:

  • W-2 income
  • Limited interest and dividend income reported on a 1099-INT or 1099-DIV
  • Claim the standard deduction
  • Earned Income Tax Credit (EIC)
  • Child tax credits

Conditions not covered in the Free Editions include:

  • Itemized deductions (Schedule A)
  • Business or 1099-MISC income (Schedule C)
  • Stock sales (Schedule D)
  • Rental property income (Schedule E)
  • Credits, deductions, and income reported on schedules 1-6, such as the Student Loan Interest Deduction

For those who don’t qualify for the Free Edition we recommend the Deluxe versions by TurboTax and H&R Block:

TurboTax Deluxe Edition

H&R Block Deluxe Edition

Deluxe versions search over 350 tax deductions and credits to find every tax break you qualify for, so you get your maximum refund.… Read the rest

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The Fastest Way to Get Your Tax Refund

Not everyone mау actually knоw how a tаx rеfund wоrkѕ, but еvеrуоnе wоuld surely want tо receive a tax rеfund. A tax rеfund is a refund returned bу thе gоvеrnmеnt fоr оvеrрауmеnt of tаxеѕ. When the tax уоu оwе iѕ lеѕѕ thаn whаt уоu раid in, уоu get a rеfund. Sо hоw dо you get your rеfund fаѕt?

fast tax refund

A Tax Rеfund iѕ Prосеѕѕеd Aftеr Yоu Have Filed a Tаx Rеturn.

Nоwаdауѕ, with use of the Intеrnеt, уоu can filе a tаx rеturn online.… Read the rest

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Tips & Free Tax Filing for Military Service Members

free military tax filingIf you are a member of America’s armed forces, we know how valuable your time is – even when it comes to tax season. That’s why we have compiled a few tips for you to know as you begin the process of paying Uncle Sam.

You don’t need to be an expert in state and federal tax code, and you don’t need to spend the money on an accountant or go to a retail tax service. You just need to use TurboTax Military Free File.Read the rest