answersLogoWhite

0


Best Answer

Turbo Tax and TaxAct both allow you to calculate your income tax free. However, if you want to e-file or use some of the more professional forms, that will cost extra.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Which software would allow me to calculate my income tax free?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

How do you calculate net income on basic book keeping?

Your total revenue less total expenses would be your net income.


If you are a single mother who earned 13000 in the past year but no federal tax was taken out how much money will you get?

You are the only person who has all of the information necessary to complete your income tax return for the year. The answer to your question depends on the number of children you have, among other things, in order to do the calculation for your Earned Income Credit. You can fill out a worksheet on the irs.gov site that will allow you to calculate your estimated taxes for the year. Look for form 1040ES. The worksheet is on page 5 and the income tables are on page 6. You would add all of your gross taxable wages from the W-2 forms box 1 wages, salaries, tips, etc and any other net profit from other earnings that you have in your hand and that amount would be a added to all of all of your other worldwide income total to determine the amount of income the IRS would use to calculate your estimated taxes for the year.


Distinction of income taxs from revenue?

Revenue would be income. Income taxes would be a liability.


How much does the tax software cost at Office Max?

Tax software at office max costs different amounts depending on which state you are in since you have to buy state returns as well. States without an income tax are cheaper as you would expect.


How would you classify donations received. Are they income?

The amount could possibly be income to you. Since you are NOT a qualified charitable tax exempt organization that has been approved by the IRS to receive any charitable donations that you could give the the taxpayer a receipt for that would allow the taxpayer to take a charitable donation on the taxpayer schedule A itemized deduction of the 1040 federal income tax return.

Related questions

Where could a person go to buy software for physical therapy?

"Webpt" and "Free Physical Therapy Software" are websites which would allow a person to buy software for physical therapy. These pieces of software would allow a person to learn about physical therapy.


How do you calculate net income on basic book keeping?

Your total revenue less total expenses would be your net income.


Which part of a map would allow you to calculate linear distance?

That would be the Bar Scale.


What website would be applicable if wanting to calculate an income tax refund?

If you are looking to calculate a income tax refund you will need to go to your local tax office's website. Here you will find an online calculator so you can calculate your refund.


What types of income tax preparation software are available in Canada?

I would look into Studio Tax. They offer tax software strictly for Canadians.


What web design software would allow the web designer to create videos?

flash apex:)


What would mortgage software be used for?

"Mortgage software is used for a variety of mortgage-related services. Mortgage software can be used to calculate rates of interest, savings based on early payments, and more."


Who has good financial planning software?

Quicken is one of the most common and best known financial planning softwares available. Another top software is Microsoft Money. Both these allow you to keep track of income, expenses and your financial investments.


Where to find new fax software for free?

There are quite a few different internet websites that allow you access to free software. I would start with Fax.com or Efax.com.


What would a good surveillance software solution be for an extended vacation?

While there are software solutions, you should look into a combination of software and hardware. The rovio package, for example, comes with a software package to allow this as well as a mobile robot to carry the camera around. This will allow you to get a full range of view from all areas within your household.


How can you watch movies on sony cybershot?

there was a japanese software for this which would allow camera to be also used as a movie viewer


Do ps3 games work on PS4?

Originally they would not, but they have announced an upcoming software update that will allow for backwards compatibility.