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An online tax software program such as Turbotax does more than just prepare and file your taxes. It offers advanced tools to help you pay the least amount of tax possible. It also provides an extremely accurate tax return to file with the Internal Revenue Service (IRS). You can use this handy tool to figure out how much of a tax refund you can expect to get back from the Government. Just enter your information as prompted, and the tax return calculator will quickly complete your tax refund estimate.
You can use it as Home Mortgage Calculator – All you have to do is enter the amount of interest you paid for the year and the mortgage calculator will show you your tax savings. Be sure to add in any points you might have paid. This acts as Deduction Maximizer – Tax preparation software such as Turbotax .