Calculate your 2015 tax return

Prepare and e-File Your Tax Returns Now at eFile. Get Your Biggest Tax Refund Faster. Our tax return calculator will estimate your refund and account for which credits are refundable and which are nonrefundable. Because tax rules change from year to year, your tax refund might change even if your salary and deductions don’t change.

Life events, tax law changes, and many other factors change your taxes from year to year.

File late taxes today with our Maximum Refund Guarantee. This tax calculator is solely an estimation tool and should only be used to estimate your tax liability or refund. It should not be used for any other purpose, such as preparing a federal income tax return , or to estimate anything other than your own personal tax liability. How to get copy of your prior year's tax information? How do you get copy of your IRS tax return?

Tax refunds are calculated by subtracting the amount of federal income taxes withheld from your total income taxes due for the year. If the amount withheld from your paychecks for taxes exceeds the amount you owe, then you will receive a refund.

There are several factors that can impact how much income tax you pay. Our income tax calculator calculates your federal, state and local taxes based on several key inputs: your household income, location, filing status and number of personal exemptions. You should only call if it has been: days or more since you e-filed. Access IRS Tax Forms. Complete, Edit or Print Tax Forms Instantly.

Know Your Taxes Befor You E-file Your Taxes on efile. At the same time, with the average refund topping $80 you may prefer to have less tax withheld up front and receive more in your paychecks. If you are an employee,. Enter your tax information to the best of your knowledge. As you make progress, the taxes you owe or the refund you can expect to receive will be calculated and displayed on each page.

Estimate the areas of your tax return where needed. Finish your estimated tax return. When this happens, you are due a tax return from the government.

Conversely, you may owe if the money you withheld is too low. Well, it doesn’t have to.

Calculating your tax return can seem like a dark and mysterious art. But, if you understand the basics, it’s actually quite straightforward. How to calculate tax return : Understanding your status.

First things first, calculating your tax return is different depending on whether you’re employed or self-employed. Over a million Americans fail to file a tax return every year. The law gives procrastinators three years to submit a return and claim a refund.

Find prior year tax tables using the Forms and Publications Search.