There is a lot of software available to determine your income tax owed or refund available. Some is trustworthy and some is not. The software must be up to date since the income tax laws are constantly changing.
For business or corporate income tax software solutions that provide business income tax software solution that utilizes best practice work papers with screens
There are many products that you can download/buy from many different sights, and you can find just about any software online. The main software that show are an income tax calculator, and many software that provide some abilities. However, if you want to maximize the software's ability to help with your income tax, you will most likely have to spend some money.
There are a number of different types of professional income tax preparation software. Some examples of professional income tax software include ATX, Drake Tax Software, and WorldWideWeb Tax.
Since Turbo Tax is a popular website to file taxes fast and electronically, their is certainly an income tax calculator to give you an estimate on how much in income taxes you will have to pay.
To work this out all one would need is their total income, the percentage that the tax actually is and then finally a calculator unless they are able to do it in their head or with a pen or paper.
Most tax software offer a section on income. Try a popular tax software such as Turbo Tax. This software is often free or offers a free trial period.
Earned Income Credit (EIC) Calculator Earned Income Credit (EIC) is a tax credit available to low income earners. In some cases the EIC can be greater than your total income tax bill, providing an income tax refund to families that may have little or no income tax withheld from their paychecks. Use this calculator see if you qualify for the Earned Income Credit, and if so, how much it might be worth to you and your family. This calculator creates estimated values for tax year 2010.
Marginal Tax Rate Calculator Knowing your income tax rate can help you calculate your tax liability for unexpected income, retirement planning or investment income. This calculator helps you estimate your average tax rate, your current tax bracket, and your marginal tax rate for the 2010 tax year. Please note that this calculator uses the 2010 preliminary tax tables subject to change by the IRS.
Income tax calculators for 2011 are available with many websites for free such as www.irs.gov/individuals/page/0,,id=14806,00.html, www.efile.com/tax-calculator/tax-estimator/, and www.calcxml.com/do/inc02.
There are several websites that offer various financial calculators including a federal income tax calculator. Try going to www.bloomber.com or www.irs.gov
Turbo Tax (www.turbotax.com) is a website that provides income tax software. There are online versions, downloadable versions, and versions you can purchase in stores to meet your income tax needs.
H&R Block has an income tax calculator online. You can also use the autofill applications online at the IRS site. And, if you want a calculator that you can take with you, check the App Store.