Americans are finally able to file their tax returns this month with the IRS, but many want to know what they’re getting back ahead of time.
What you get back depends on things like income and deductions.
The amount Americans will receive in 2022 is still unknown, but there are tools that can help you with an estimate.
To make the estimate, you’ll need you W-2 form with the information on it.
Places that offer a tax calculator for your refund from the IRS
H&R Block will estimate your refund for you.
It can also estimate what your might owe.
You’ll need information like marital status, income, and withholdings.
Turbo Tax asks for the same type of information as H&R Block.
You’ll need more information for your dependents like age or college status.
Tuition fees and student loans are also taken into account.
With TaxAct, you’ll need your earnings, deductions, and credits you can claim.
Calculating your taxes with your W-2
Some websites can calculate what you paid in all in taxes.
SmartAsset will help you determine this.
You need income, location, and filing status.
With this estimated number from SmartAsset, you can determine what your estimated refund might be.
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