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If so, you might be able to claim back some of the tax you paid while you were working. This is known as getting a “ tax refund ”, or “ tax rebate ”. Read on to find out . In fact, TaxAct provides a calculator that asks a variety of basic questions to help you determine what your potential tax refund or balance due could look like. The short answer: It depends on a variety of factors, including some actions you . Do I need to file tax returns ? Watch this Better Money Habits video to learn who has to file tax returns and when.

Taxpayers, in general, receive a refund only when they paid more taxes than was actually due on their return. So, how does a business know if they are due a . In a given tax year, you may want to know how big your refund will be so you can plan. The first step in preparing your federal tax return is determining your filing status.

Generally, you will have to select between single, head of househol married . Millions of refunds are due to people being assigned the wrong tax code. If you already know your tax code, use our calculator below to get a . Do you know how to work out your tax ? We explain in four short steps. Among other things, that could be on pay from a current . It is a good idea to check that the calculation is reasonable before you submit the tax return.

If the result of the calculation – a bill or a refund – is unexpecte then . Know Your Taxes Befor You E-file. People may receive less money in their tax refunds this year. Find a reputable tax refund calculator. Major tax software companies offer tax return estimators and calculators to help you determine how much . Not everyone needs to file annual tax returns. Learn about the requirements that determine whether or not you must file tax returns each year.

Refund Calculator is the easiest way to estimate your taxes and tax refund. Free Federal Tax Calculator. Mobile app available.

Find out if the IRS received your tax return and check the status of your refund. Learn why your tax refund could be lower than you expected. You can also estimate your tax refund if applicable.